Is Coforge technically bullish or bearish?
As of June 20, 2025, Coforge's technical trend has shifted to bullish, supported by strong indicators like the MACD and Bollinger Bands on both weekly and monthly time frames, despite some mixed signals from Dow Theory and OBV.
As of 20 June 2025, the technical trend for Coforge has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend in both time frames. Daily moving averages are bullish, reinforcing the positive outlook. The KST is bullish on both weekly and monthly levels. However, the Dow Theory shows a neutral trend on the weekly and mildly bullish on the monthly, while the OBV indicates a mildly bullish stance on the weekly but mildly bearish on the monthly. Overall, the strength of the bullish trend is supported by multiple indicators, particularly in the weekly and monthly MACD and Bollinger Bands.
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