Is Cummins India technically bullish or bearish?

Jun 23 2025 08:03 AM IST
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As of June 20, 2025, Cummins India shows a mildly bullish trend supported by the weekly MACD and OBV, despite mixed signals from moving averages and monthly indicators.
As of 20 June 2025, the technical trend for Cummins India has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive sentiment, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands show a mildly bullish stance on the weekly chart and a bullish stance on the monthly chart, further reinforcing the bullish outlook. The KST is bullish on the weekly timeframe but mildly bearish monthly, suggesting mixed signals. The moving averages indicate a mildly bearish trend on the daily chart, which contrasts with the overall bullish sentiment. The OBV is mildly bullish on both weekly and monthly timeframes, indicating accumulation. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and OBV, despite some bearish signals from the moving averages and monthly indicators.
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