Is Can Fin Homes technically bullish or bearish?

Aug 29 2025 08:04 AM IST
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As of August 28, 2025, the technical trend is mildly bearish, indicated by bearish MACD readings, Bollinger Bands, and KST, despite a mildly bullish signal from daily moving averages.
As of 28 August 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a bearish sentiment. The Bollinger Bands also reflect a bearish outlook on both time frames. Additionally, the KST and Dow Theory confirm a mildly bearish stance on the weekly and monthly charts. Although the daily moving averages show a mildly bullish signal, the overall technical indicators suggest weakness in the stock's performance. The recent price action, with a decline from the previous close, further supports this bearish sentiment.
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