Is JBM Auto technically bullish or bearish?

Aug 04 2025 08:00 AM IST
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As of August 1, 2025, JBM Auto's technical trend has shifted to a moderate bearish stance, driven by bearish MACD, Bollinger Bands, and moving averages, despite a bullish OBV.
As of 1 August 2025, the technical trend for JBM Auto has changed from mildly bearish to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include a bearish MACD on the weekly timeframe, bearish signals from Bollinger Bands on both weekly and monthly timeframes, and bearish moving averages on the daily timeframe. Additionally, the KST and Dow Theory are both indicating mildly bearish conditions on the weekly and monthly timeframes. Despite a bullish OBV on the weekly, the overall sentiment remains bearish due to the prevailing trends across multiple indicators.
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