Is BLS Internat. technically bullish or bearish?

Jun 24 2025 08:12 AM IST
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As of June 23, 2025, the technical trend has shifted to a bearish stance with moderate strength, driven by bearish MACD signals, Bollinger Bands, and underperformance against the Sensex, despite mild bullishness in the KST.
As of 23 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly timeframe and bearish signals from Bollinger Bands on both weekly and monthly charts. Daily moving averages also indicate a bearish trend. Although the KST shows mild bullishness on the weekly, it is overshadowed by the overall bearish signals. The stock has underperformed significantly compared to the Sensex over multiple periods, further reinforcing the bearish outlook.
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