Is Ashoka Buildcon technically bullish or bearish?
As of June 27, 2025, the market trend is mildly bearish, supported by daily moving averages and weekly Dow Theory, despite some mixed signals from weekly and monthly indicators.
As of 27 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment. While the weekly MACD and KST are mildly bullish, the monthly indicators show a mixed picture with the MACD and KST both mildly bearish. The Dow Theory aligns with the bearish outlook on a weekly basis. Overall, the strength of the bearish stance is supported by the daily moving averages and the recent price action relative to the previous close.
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