Is Engineers India technically bullish or bearish?
As of September 25, 2025, the market trend is mildly bullish due to daily moving averages, but caution is advised as longer-term indicators like the weekly and monthly MACD and Bollinger Bands show bearish signals.
As of 25 September 2025, the technical trend has changed from sideways to mildly bullish. The current technical stance is mildly bullish, primarily driven by the daily moving averages indicating a bullish trend. However, the weekly and monthly MACD, KST, and Bollinger Bands are all showing mildly bearish to bearish signals, which suggests some caution. The Dow Theory indicates a mildly bullish stance on the weekly timeframe, while the On-Balance Volume (OBV) is bullish on both weekly and monthly timeframes. Overall, the mixed signals indicate a mildly bullish outlook, but with notable bearish pressures from longer-term indicators.
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