Is Asian Paints technically bullish or bearish?

Jun 29 2025 08:02 AM IST
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As of June 27, 2025, Asian Paints shows a mildly bearish trend, with mixed signals from indicators like MACD, RSI, and Bollinger Bands across different time frames.
As of 27 June 2025, the technical trend for Asian Paints has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The weekly MACD is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The RSI shows no signal on the weekly chart while being bullish on the monthly, suggesting potential upward momentum but lacking immediate strength. Bollinger Bands are bullish on the weekly but mildly bearish on the monthly, further contributing to the mixed outlook. Daily moving averages indicate a mildly bearish trend, and both the KST and OBV are bearish on both weekly and monthly time frames. Overall, the combination of these indicators reflects a mildly bearish sentiment with some conflicting signals across different time frames.
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