Is Graphite India technically bullish or bearish?
As of June 24, 2025, Graphite India shows a bullish technical stance driven by strong indicators like a bullish MACD and moving averages, despite some mixed signals from the monthly MACD and Dow Theory.
As of 24 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly charts, and bullish moving averages on the daily chart. However, the monthly MACD and KST are mildly bearish, and the Dow Theory shows a mixed signal with a mildly bearish weekly outlook. Overall, the bullish indicators outweigh the bearish signals, supporting a positive technical outlook for Graphite India.
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