Is Garware Hi Tech technically bullish or bearish?
As of July 1, 2025, Garware Hi Tech's trend has shifted to mildly bearish, supported by daily moving averages and KST/OBV indicators, despite mixed signals from MACD and Bollinger Bands.
As of 1 July 2025, the technical trend for Garware Hi Tech has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly Dow Theory also reflecting a mildly bearish outlook. The MACD shows a bullish signal on the weekly but is mildly bearish on the monthly, suggesting mixed signals across time frames. The Bollinger Bands are mildly bullish on both weekly and monthly, which adds some support to the price action. However, the overall strength of the bearish stance is reinforced by the KST and OBV both indicating mild bearishness on the monthly.
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