Is Inox Wind Energy technically bullish or bearish?
As of June 20, 2025, the trend is mildly bearish, influenced by daily moving averages, while mixed signals from weekly and monthly indicators like MACD and Bollinger Bands suggest a complex market outlook.
As of 20 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. The weekly MACD remains bullish, but the monthly MACD is mildly bearish, suggesting mixed signals across different time frames. The Bollinger Bands indicate a mildly bullish stance on both weekly and monthly charts, which contrasts with the overall bearish trend. The KST is bullish on both weekly and monthly, while the Dow Theory shows a mildly bearish weekly but mildly bullish monthly outlook. The OBV is also mildly bearish weekly but mildly bullish monthly. Overall, the indicators present a mixed picture, but the prevailing trend is mildly bearish.
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