Is Finolex Cables technically bullish or bearish?

Jul 05 2025 08:05 AM IST
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As of July 4, 2025, Finolex Cables shows a mildly bearish trend influenced by daily moving averages, with mixed signals from MACD and Bollinger Bands across different timeframes.
As of 4 July 2025, the technical trend for Finolex Cables has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, creating a mixed signal. The Bollinger Bands show a bullish signal on the weekly timeframe but bearish on the monthly, further contributing to the uncertainty. The KST is bullish weekly but mildly bearish monthly, while the Dow Theory indicates a mildly bullish stance on the weekly timeframe. Overall, the combination of these indicators suggests a prevailing mildly bearish sentiment with some bullish signals on shorter timeframes.
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