Is Coforge technically bullish or bearish?
As of June 20, 2025, Coforge's technical trend has shifted to bullish, supported by strong indicators like a bullish MACD and Bollinger Bands on both weekly and monthly time frames, despite a mixed OBV reading.
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 confirm a bullish outlook as well. The KST is bullish on both weekly and monthly charts, while the Dow Theory shows a mildly bullish stance on the monthly timeframe. However, the OBV presents a mixed picture with a mildly bullish weekly reading and a mildly bearish monthly reading. Overall, the strength of the bullish trend is reinforced by the positive performance relative to the Sensex over various periods, particularly the 1-year return of 72.33%.
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