Is The Eastern Co. technically bullish or bearish?

Jun 25 2025 08:09 AM IST
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As of June 6, 2025, the market trend is mildly bearish, indicated by daily moving averages and weekly Bollinger Bands, despite mixed signals from MACD, RSI, and other indicators.
As of 6 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the weekly Bollinger Bands also reflecting a mildly bearish sentiment. The MACD shows a mixed picture with weekly mildly bullish but monthly mildly bearish signals, while the RSI is bullish on a monthly basis but shows no signal on the weekly timeframe. Overall, the lack of a clear trend in Dow Theory and the mixed signals from KST and OBV further support the mildly bearish stance.
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