Is Graphite India technically bullish or bearish?

Jun 19 2025 08:05 AM IST
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As of June 18, 2025, Graphite India shows a mildly bullish trend supported by the weekly MACD and Bollinger Bands, despite some caution from monthly indicators and daily moving averages.
As of 18 June 2025, the technical trend for Graphite India has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the monthly MACD shows a mildly bearish stance, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting upward price momentum. However, daily moving averages are mildly bearish, which could create short-term resistance. The KST is bullish weekly but mildly bearish monthly, and Dow Theory indicates a mixed view with a mildly bearish weekly and mildly bullish monthly stance. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some bearish signals in the moving averages and monthly indicators.
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