Is Godfrey Phillips technically bullish or bearish?

Sep 08 2025 08:05 AM IST
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As of September 5, 2025, the market trend is bullish, supported by strong indicators like bullish MACD and OBV on both weekly and monthly charts, despite a mildly bearish KST signal.
As of 5 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while Bollinger Bands also indicate bullishness on both time frames. Daily moving averages are bullish, and the On-Balance Volume (OBV) is bullish on both weekly and monthly charts. Although the KST shows a mildly bearish signal on the weekly and monthly, it does not outweigh the overall bullish trend. The Dow Theory confirms a bullish stance on the weekly, though it shows no trend on the monthly. Overall, the strength of the bullish trend is reinforced by the recent price action, with the current price at 11,073.20, significantly above the previous close of 10,466.65.
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