Is Cummins India technically bullish or bearish?

Aug 20 2025 08:07 AM IST
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As of August 19, 2025, the trend has shifted to bullish with moderate strength, supported by a bullish MACD, moving averages, and long-term performance, though the weekly RSI indicates some short-term weakness.
As of 19 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, bullish moving averages on the daily chart, and mildly bullish signals from Bollinger Bands and Dow Theory on both weekly and monthly time frames. However, the weekly RSI remains bearish, indicating some short-term weakness. Overall, the bullish trend is supported by strong long-term performance, particularly over the 3-year and 5-year periods.
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