Is Eureka Forbes technically bullish or bearish?

Sep 12 2025 08:09 AM IST
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As of September 11, 2025, Eureka Forbes exhibits a neutral technical trend with mixed indicators, showing mildly bearish signals on both weekly and monthly MACD, while daily moving averages are mildly bullish, resulting in no strong directional bias.
As of 11 September 2025, the technical trend for Eureka Forbes has changed from mildly bullish to sideways. The current stance is neutral, with mixed indicators influencing this position. The weekly MACD is mildly bearish, while the monthly MACD also reflects a mildly bearish outlook. The Bollinger Bands indicate a bearish trend on the weekly chart but are bullish on the monthly chart. Daily moving averages show a mildly bullish signal, contrasting with the weekly Dow Theory, which is mildly bullish, and the monthly Dow Theory, which is mildly bearish. The KST is bullish on the weekly timeframe, but the overall momentum is tempered by the lack of clear signals from the RSI and OBV, which show no trend on the weekly and mildly bearish on the monthly. Overall, the mixed signals suggest a neutral stance with no strong directional bias at this time.
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