Is Inox Wind Energy technically bullish or bearish?

Jun 23 2025 08:05 AM IST
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As of June 20, 2025, Inox Wind Energy's trend has shifted to mildly bearish, primarily due to daily moving averages, despite mixed signals from weekly and monthly indicators.
As of 20 June 2025, the technical trend for Inox Wind Energy has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. While the weekly MACD and KST remain bullish, the monthly MACD is mildly bearish, suggesting mixed signals across different time frames. The Bollinger Bands show a mildly bullish stance on both weekly and monthly charts, but the Dow Theory indicates a mildly bearish outlook on the weekly level. Overall, the strength of the bearish sentiment is moderate, influenced by the daily moving averages and the current trend change.
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