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 some mixed bullish signals from the MACD and Bollinger Bands on longer timeframes.
As of 27 June 2025, the technical trend for Ashoka Buildcon has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by daily moving averages indicating a bearish trend and a weekly Dow Theory also reflecting a mildly bearish outlook. Although the MACD shows a mildly bullish signal on the weekly timeframe, it is countered by a mildly bearish monthly reading. The Bollinger Bands are bullish on the weekly but only mildly bullish on the monthly, suggesting mixed signals. Overall, the strength of the bearish stance is supported by the daily moving averages and the Dow Theory, despite some bullish indicators on longer timeframes.
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