Is Coforge technically bullish or bearish?

Oct 29 2025 08:20 AM IST
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As of 28 October 2025, Coforge's technical trend is bullish, supported by strong indicators like a bullish MACD, Bollinger Bands, and On-Balance Volume, although caution is advised due to some bearish signals from the KST.
As of 28 October 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Coforge is bullish with a strong indication. Key indicators driving this stance include a bullish MACD on the weekly timeframe, bullish Bollinger Bands on both weekly and monthly timeframes, and a bullish daily moving average. Additionally, the On-Balance Volume (OBV) is bullish on both weekly and monthly timeframes. However, the KST shows bearish signals on the weekly and mildly bearish on the monthly, which suggests some caution. Overall, the bullish momentum is supported by strong performance relative to the Sensex over various periods, particularly in the 1-month and 3-year returns.
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