Is G M Breweries technically bullish or bearish?

Jun 13 2025 08:05 AM IST
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As of June 12, 2025, G M Breweries shows a mildly bullish trend supported by weekly MACD and KST indicators, despite mixed signals from daily moving averages and mildly bearish monthly readings.
As of 12 June 2025, the technical trend for G M Breweries has changed from sideways to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and KST indicators, both indicating mild bullishness. Additionally, the Dow Theory supports this bullish outlook on a weekly basis. Bollinger Bands are also bullish on both weekly and monthly time frames. However, the daily moving averages are mildly bearish, which presents a mixed signal. Overall, the strength of the bullish stance is tempered by the mildly bearish monthly MACD and KST readings.
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