Is EPL Ltd technically bullish or bearish?

Oct 17 2025 08:10 AM IST
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As of October 16, 2025, EPL Ltd. is in a bearish trend with moderate strength, indicated by bearish MACD, Bollinger Bands, and moving averages, despite a mildly bullish signal from Dow Theory.
As of 16 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this assessment include a bearish MACD on the weekly timeframe, bearish Bollinger Bands on both weekly and daily timeframes, and bearish moving averages on the daily chart. The KST is also bearish on the weekly timeframe, while the RSI shows no signal, indicating a lack of momentum. Although the Dow Theory indicates a mildly bullish stance on the weekly timeframe, the overall bearish indicators suggest a prevailing negative sentiment in the market for EPL Ltd.
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