Is Eureka Forbes technically bullish or bearish?

Aug 31 2025 08:06 AM IST
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As of 29 August 2025, the trend is mildly bullish due to daily moving averages and a positive KST, but caution is advised as weekly and monthly indicators remain mildly bearish.
As of 29 August 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum and a positive KST on the weekly timeframe. However, the weekly and monthly MACD and Dow Theory remain mildly bearish, which suggests caution. The Bollinger Bands show a bullish signal on the monthly timeframe, while the weekly remains sideways. Overall, the mixed signals indicate a cautious bullish outlook with some strength in the daily indicators, but underlying bearishness in longer-term metrics.
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