Is Orient Electric technically bullish or bearish?
As of June 23, 2025, Orient Electric's technical trend has shifted to a moderate bearish stance, supported by bearish MACD signals and moving averages, despite some mixed signals from the KST and Dow Theory.
As of 23 June 2025, the technical trend for Orient Electric has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the MACD showing bearish signals on both the weekly and monthly time frames, and moving averages indicating a bearish trend on the daily chart. The Bollinger Bands are sideways on the weekly but bearish on the monthly, further supporting the bearish outlook. The KST is bullish on the weekly but bearish on the monthly, indicating mixed signals. Overall, the Dow Theory shows a mildly bearish stance on the weekly and mildly bullish on the monthly, suggesting some divergence in the longer-term perspective.
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