Is Cummins India technically bullish or bearish?
As of June 24, 2025, Cummins India shows a mildly bullish trend supported by the weekly MACD and Bollinger Bands, despite mixed signals from moving averages and the monthly MACD.
As of 24 June 2025, the technical trend for Cummins India has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting a positive short-term outlook, while the monthly MACD is mildly bearish, indicating some caution in the longer term. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting upward price momentum. Moving averages on the daily chart show a mildly bearish stance, which contrasts with the overall bullish signals from the weekly indicators. Dow Theory indicates a mildly bullish trend in both weekly and monthly perspectives. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from moving averages and the monthly MACD.
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