Is Filatex India technically bullish or bearish?

Jun 13 2025 08:06 AM IST
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As of June 12, 2025, Filatex India shows a mildly bearish trend due to mixed signals from key indicators, with weekly MACD and KST being bullish but monthly indicators leaning bearish, suggesting a cautious outlook.
As of 12 June 2025, the technical trend for Filatex India has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The weekly MACD remains mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The RSI on the weekly chart is bearish, while the monthly RSI shows no signal. Moving averages on the daily timeframe are mildly bearish, reinforcing the negative sentiment. Additionally, Bollinger Bands show a bearish outlook on the monthly chart, although they are mildly bullish on the weekly. The KST is bullish on the weekly but mildly bearish on the monthly, and Dow Theory indicates a mildly bullish stance on both timeframes. Overall, the combination of these indicators suggests a cautious outlook for Filatex India in the near term.
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