Is Tata Elxsi technically bullish or bearish?

Jun 14 2025 08:05 AM IST
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As of June 13, 2025, Tata Elxsi's trend is mildly bearish due to daily moving averages, despite mixed signals from weekly and monthly indicators suggesting a cautious approach.
As of 13 June 2025, the technical trend for Tata Elxsi has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. The weekly MACD and Bollinger Bands show mildly bullish signals, but the monthly indicators, including MACD and KST, are bearish. The Dow Theory reflects a mildly bullish stance on both weekly and monthly time frames, while the On-Balance Volume remains bullish on both time frames. Overall, the mixed signals suggest a cautious approach, with bearish tendencies prevailing in the short term.
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