Is Eureka Forbes technically bullish or bearish?

Aug 09 2025 08:11 AM IST
share
Share Via
As of August 8, 2025, Eureka Forbes has shifted to a mildly bearish trend, indicated by bearish signals from the MACD, RSI, and Bollinger Bands, despite some short-term strength from daily moving averages.
As of 8 August 2025, the technical trend for Eureka Forbes has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, supported by the weekly MACD and RSI both indicating bearish conditions. The Bollinger Bands show a bearish signal on the weekly timeframe, while the moving averages on the daily are mildly bullish, suggesting some short-term strength. However, the overall indicators, including the OBV and KST on the weekly, lean towards bearishness. The stock has also underperformed compared to the Sensex over the past month and year, further reinforcing the bearish outlook.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News