Is Eureka Forbes technically bullish or bearish?

Sep 01 2025 08:06 AM IST
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As of August 29, 2025, the technical trend for Eureka Forbes has shifted to mildly bullish, supported by daily moving averages and weekly KST, though caution is advised due to mixed signals from MACD and Dow Theory.
As of 29 August 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum and the KST showing bullishness on the weekly timeframe. However, the weekly and monthly MACD and Dow Theory remain mildly bearish, which suggests caution. The Bollinger Bands indicate a bullish trend on the monthly level, while the OBV shows mild bullishness on the weekly. Overall, the mixed signals across different timeframes suggest a cautious but mildly bullish outlook for Eureka Forbes.
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