Is Asian Star Co. technically bullish or bearish?

Aug 05 2025 08:10 AM IST
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As of August 4, 2025, Asian Star Co. is in a mildly bearish trend, with daily moving averages and monthly MACD indicating bearish momentum, despite some weekly indicators showing mild bullishness.
As of 4 August 2025, the technical trend for Asian Star Co. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the monthly MACD showing bearish momentum. While the weekly MACD and KST are mildly bullish, they are not strong enough to counter the overall bearish sentiment from the monthly indicators. The Bollinger Bands present a mixed view with weekly bullishness but monthly mild bearishness. The lack of clear trends in Dow Theory further supports a cautious approach. Overall, the strength of the bearish stance is moderate, influenced by the recent price action and longer-term performance against the Sensex.
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