Is Astral technically bullish or bearish?
As of June 23, 2025, the technical trend is mildly bearish, driven by daily moving averages and monthly MACD signals, despite some mildly bullish indicators, with the stock underperforming against the Sensex.
As of 23 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is bearish, with a strength that can be considered mild. Key indicators driving this stance include the daily moving averages showing a mildly bearish trend, and the monthly MACD indicating a bearish position. While the weekly KST and Dow Theory are mildly bullish, they are outweighed by the overall bearish signals from the moving averages and the monthly MACD. The stock has also underperformed significantly compared to the Sensex over multiple time frames, further supporting the bearish outlook.
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