Is Berger Paints technically bullish or bearish?

Jul 17 2025 08:07 AM IST
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As of July 16, 2025, the technical trend has shifted to bullish, supported by strong MACD indicators and daily moving averages, despite mixed signals from the KST and a mildly bearish weekly Dow Theory stance.
As of 16 July 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with a strong indication from the weekly and monthly MACD being bullish. Daily moving averages also support this bullish outlook. However, the KST shows a mixed signal with the monthly reading bearish, and Dow Theory indicates a mildly bearish stance on the weekly chart. Overall, the strength of the bullish trend is supported by the recent price action, with today's high reaching 572.00, above the previous close of 562.55.
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