Is Eureka Forbes technically bullish or bearish?

Aug 19 2025 08:14 AM IST
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As of 18 August 2025, Eureka Forbes shows a neutral technical stance with mixed signals, as the weekly and monthly MACD are mildly bearish, Bollinger Bands indicate a bearish weekly and mildly bullish monthly outlook, and daily moving averages are mildly bullish, while the KST is bullish weekly but overall sentiment is tempered by unclear signals from the RSI and OBV.
As of 18 August 2025, the technical trend for Eureka Forbes has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD remains mildly bearish, while the monthly MACD is also mildly bearish. The Bollinger Bands indicate a bearish stance on the weekly chart but a mildly bullish outlook on the monthly chart. Daily moving averages are mildly bullish, contrasting with the weekly and monthly Dow Theory, which show no trend and mildly bearish conditions, respectively. The KST is bullish on the weekly timeframe, but the overall sentiment is tempered by the lack of clear signals from the RSI and OBV, which indicate no trend on the weekly and mildly bearish on the monthly.
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