Is Datamatics Glob. technically bullish or bearish?

Jun 28 2025 08:04 AM IST
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As of June 27, 2025, the market trend is mildly bearish, supported by daily moving averages and monthly indicators, despite some mixed bullish signals on the weekly charts.
As of 27 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook and the weekly Dow Theory also reflecting a mildly bearish sentiment. The MACD shows a mixed picture with a mildly bullish signal on the weekly chart but a mildly bearish signal on the monthly chart. The KST aligns with this by being mildly bullish weekly but mildly bearish monthly. Overall, while there are some bullish indicators on the weekly timeframe, the prevailing sentiment remains bearish due to the daily and monthly trends.
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Our weekly and monthly stock recommendations are here
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