Is CESC technically bullish or bearish?

Jul 02 2025 08:14 AM IST
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As of July 1, 2025, CESC shows a mildly bullish trend supported by bullish indicators on weekly charts, though short-term caution is advised due to mixed signals from daily moving averages and monthly indicators.
As of 1 July 2025, the technical trend has changed from sideways to mildly bullish. The current technical stance for CESC is mildly bullish, supported by a bullish MACD on the weekly chart and bullish Bollinger Bands on both weekly and monthly time frames. Additionally, Dow Theory indicates a mildly bullish outlook on both weekly and monthly levels. However, the daily moving averages are mildly bearish, which suggests some short-term caution. Overall, the strength of the bullish stance is tempered by the mixed signals from the monthly MACD and KST, which are mildly bearish.
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