Is Data Pattern technically bullish or bearish?
As of August 8, 2025, the technical trend has shifted to mildly bearish, supported by bearish momentum indicators and underperformance compared to the Sensex, despite some mildly bullish signals on the daily timeframe.
As of 8 August 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by weekly MACD and RSI readings indicating bearish momentum. Both the weekly and monthly Bollinger Bands confirm a bearish outlook. Moving averages show a mildly bullish signal on the daily timeframe, but this is overshadowed by the overall bearish indicators from the weekly and monthly perspectives. Dow Theory also aligns with the bearish sentiment on both timeframes. The stock has underperformed significantly compared to the Sensex over the past month and year, further supporting the bearish stance.
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