Is Jai Balaji Inds. technically bullish or bearish?
As of August 12, 2025, the market trend is mildly bearish, with mixed indicators suggesting caution due to bearish signals from the RSI, Bollinger Bands, and moving averages, while the weekly MACD shows a mildly bullish signal.
As of 12 August 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating a mildly bullish signal, while the monthly MACD remains mildly bearish. The RSI on a weekly basis is bearish, and both the Bollinger Bands and moving averages on the daily timeframe are bearish. The KST shows a mildly bullish signal weekly but is mildly bearish monthly. Dow Theory presents a mixed view with a mildly bearish weekly outlook and a mildly bullish monthly perspective. Overall, the indicators suggest a cautious stance with bearish tendencies prevailing in the short to medium term.
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