Is Godrej Propert. technically bullish or bearish?

Aug 13 2025 08:06 AM IST
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As of August 12, 2025, the technical trend has shifted to a bearish stance, driven by bearish MACD, Bollinger Bands, and moving averages, despite some bullishness in the monthly RSI, indicating overall underperformance against the Sensex.
As of 12 August 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST and Dow Theory also indicate mildly bearish conditions on both weekly and monthly time frames. Although the monthly RSI shows bullishness, it is overshadowed by the prevailing bearish signals across other indicators. The stock has underperformed significantly against the Sensex over various periods, further supporting the bearish outlook.
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