Is Eveready Inds. technically bullish or bearish?

Jul 17 2025 08:06 AM IST
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As of July 16, 2025, Eveready Industries shows a mildly bullish trend based on weekly indicators like MACD and Bollinger Bands, despite mixed signals from monthly MACD and daily moving averages indicating short-term weakness.
As of 16 July 2025, the technical trend for Eveready Inds. has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish, suggesting mixed signals across time frames. The Bollinger Bands are bullish on both weekly and monthly charts, supporting the mildly bullish outlook. The Dow Theory also reflects a mildly bullish trend on both weekly and monthly bases. However, daily moving averages show a mildly bearish position, which could indicate short-term weakness. Overall, the current technical stance is mildly bullish, driven by the weekly MACD, Bollinger Bands, and Dow Theory, despite some bearish signals from the monthly MACD and daily moving averages.
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