Is CG Power & Ind technically bullish or bearish?

Jun 22 2025 08:03 AM IST
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As of June 20, 2025, the market trend is neutral with mixed signals: the weekly MACD is bullish, the monthly MACD is mildly bearish, the weekly RSI is bearish, and Bollinger Bands are bullish, indicating uncertainty and a lack of clear direction.
As of 20 June 2025, the technical trend has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating conflicting momentum. The weekly RSI is bearish, suggesting weakness, but the monthly RSI shows no signal. Bollinger Bands are bullish on both weekly and monthly time frames, which supports potential upward movement. Daily moving averages are mildly bearish, adding to the uncertainty. Overall, the indicators reflect a lack of clear direction, with the strength of the trend being weak.
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