Is Asian Star Co. technically bullish or bearish?
As of July 1, 2025, the market trend is bearish with moderate strength, supported by bearish indicators across multiple timeframes, despite some short-term bullish signals.
As of 1 July 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. The weekly MACD shows mildly bullish momentum, but the monthly MACD is bearish, indicating a lack of sustained upward momentum. The daily moving averages are bearish, reinforcing the negative outlook. Bollinger Bands on the monthly timeframe are also bearish, while the weekly KST is mildly bullish, suggesting some short-term strength that is not enough to alter the overall bearish trend. The Dow Theory indicates a mildly bearish stance on the weekly chart, and the stock's performance relative to the Sensex shows significant underperformance across multiple timeframes, further supporting the bearish outlook.
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