Is Orient Electric technically bullish or bearish?

Jul 22 2025 08:15 AM IST
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As of July 21, 2025, the technical trend for Orient Electric has shifted to a strong bearish outlook, supported by bearish signals from the MACD, RSI, moving averages, Bollinger Bands, KST, and OBV across multiple time frames.
As of 21 July 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple indicators. The MACD is bearish on both the weekly and monthly time frames, and the RSI is also bearish on the weekly. Moving averages are bearish on the daily chart, reinforcing the negative sentiment. The Bollinger Bands show a bearish trend on the monthly and a sideways movement on the weekly, indicating a lack of upward momentum. Additionally, the KST is bearish on the monthly and mildly bearish on the weekly, while the OBV is mildly bearish on the monthly. Overall, the combination of these indicators suggests a strong bearish outlook for Orient Electric.
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