Is Cigniti Tech. technically bullish or bearish?
As of August 8, 2025, Cigniti Tech's technical trend has shifted to a bearish stance, supported by mildly bearish MACD readings, Dow Theory indicators, and a recent price decline, despite mixed signals from Bollinger Bands and KST.
As of 8 August 2025, the technical trend for Cigniti Tech. has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators driving this conclusion being the weekly and monthly MACD readings, both of which are mildly bearish. Additionally, the Dow Theory is also indicating a mildly bearish stance on both weekly and monthly time frames. The Bollinger Bands show a bearish signal on the weekly chart, while the KST is bullish weekly but mildly bearish monthly, creating mixed signals. Overall, the strength of the bearish stance is supported by the recent price decline and the negative returns over the past month and year-to-date compared to the Sensex.
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