Is Devyani Intl. technically bullish or bearish?

Sep 07 2025 08:06 AM IST
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As of September 5, 2025, Devyani Intl. shows a mildly bullish trend supported by positive indicators like a bullish MACD and OBV, despite some mixed signals from daily moving averages and KST.
As of 5 September 2025, the technical trend for Devyani Intl. has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly time frames, and a mildly bullish outlook from Dow Theory on both weekly and monthly charts. However, the daily moving averages remain mildly bearish, and the KST indicates a mildly bearish trend on the weekly and bearish on the monthly. The OBV is bullish on both weekly and monthly time frames, which adds to the overall positive sentiment. Despite the mixed signals from different indicators, the shift in trend and the strength of the bullish indicators suggest a cautiously optimistic outlook for the stock.
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