Is Garware Hi Tech technically bullish or bearish?

Jun 24 2025 08:09 AM IST
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As of June 23, 2025, the market trend is neutral with mixed signals, showing a sideways movement influenced by conflicting indicators like bullish weekly MACD and mildly bearish monthly MACD, alongside varying stances in Bollinger Bands and moving averages.
As of 23 June 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating conflicting momentum. The Bollinger Bands show a mildly bullish stance on both weekly and monthly time frames, suggesting potential upward movement. However, the daily moving averages are mildly bearish, which adds to the uncertainty. The KST is bullish weekly but mildly bearish monthly, and Dow Theory indicates no trend on the weekly but mildly bullish on the monthly. Overall, the lack of strong directional signals and the sideways trend suggest a neutral stance with no clear strength in either direction.
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