Is Garware Hi Tech technically bullish or bearish?
As of July 14, 2025, the technical trend has shifted to mildly bullish, supported by daily moving averages, although caution is advised due to mildly bearish signals from the weekly MACD and KST.
As of 14 July 2025, the technical trend has changed from mildly bearish to mildly bullish. The current technical stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST show mildly bearish signals, suggesting some caution. The monthly Bollinger Bands and Dow Theory indicate a bullish stance, which supports the overall mildly bullish outlook. Despite recent underperformance compared to the Sensex over the past month and year-to-date, the long-term returns remain strong, reflecting potential resilience.
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