Is DLF technically bullish or bearish?

Aug 09 2025 08:07 AM IST
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As of August 8, 2025, DLF's technical trend has shifted to mildly bearish, supported by bearish MACD readings, Bollinger Bands, and underperformance relative to the Sensex, despite some mildly bullish daily moving averages.
As of 8 August 2025, the technical trend for DLF has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a bearish sentiment. The Bollinger Bands also confirm a bearish outlook on both time frames. Additionally, the Dow Theory and OBV are both showing mildly bearish signals. While the daily moving averages are mildly bullish, they are not strong enough to counteract the overall bearish indicators. The stock has underperformed relative to the Sensex over multiple periods, further supporting the bearish view.
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