Is Ashoka Buildcon technically bullish or bearish?
As of June 27, 2025, Ashoka Buildcon's technical trend is mildly bearish, supported by daily moving averages and Dow Theory, despite mixed signals from weekly MACD and KST.
As of 27 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance for Ashoka Buildcon is mildly bearish. Key indicators driving this stance include the daily moving averages indicating a mildly bearish trend, while the weekly MACD and KST show a mildly bullish signal, creating a mixed picture. The Dow Theory also supports a mildly bearish outlook on the weekly timeframe. Overall, the bearish sentiment is reinforced by the recent price action, with the stock trading below its previous close and a significant decline in YTD performance compared to the Sensex.
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