Is Jain Irrigation technically bullish or bearish?
As of June 23, 2025, the technical trend is mildly bearish, with daily moving averages and monthly indicators suggesting bearish momentum, despite some mildly bullish signals from weekly MACD and KST.
As of 23 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by daily moving averages indicating bearish momentum and a weekly Dow Theory assessment also suggesting bearishness. While the weekly MACD and KST are mildly bullish, they are countered by the monthly indicators showing bearish tendencies. The Bollinger Bands reflect a similar divergence, being mildly bullish on the weekly but bearish on the monthly. Overall, the mixed signals indicate a prevailing bearish sentiment in the short term.
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