Is Ester Industries technically bullish or bearish?

Sep 17 2025 08:06 AM IST
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As of 16 September 2025, Ester Industries is in a mildly bearish trend, with mixed technical indicators showing a lack of strong bullish momentum.
As of 16 September 2025, the technical trend for Ester Industries has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating a mildly bullish signal, while the monthly MACD and other indicators such as Bollinger Bands, KST, and moving averages are all pointing to bearish or mildly bearish conditions. The Dow Theory shows no trend on the weekly chart and a mildly bearish stance on the monthly chart. Overall, the mixed signals suggest a lack of strong bullish momentum, reinforcing the mildly bearish outlook.
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