Is Jindal Saw technically bullish or bearish?
As of June 20, 2025, the trend is mildly bearish, with mixed signals from indicators like the weekly MACD showing mild bullishness, while monthly indicators and moving averages suggest a bearish outlook, indicating a lack of strong bullish momentum.
As of 20 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating mild bullishness, while the monthly MACD and other indicators such as Bollinger Bands, KST, and Dow Theory suggest a bearish outlook. The daily moving averages also reflect a mildly bearish sentiment. Overall, the mixed signals indicate a lack of strong bullish momentum, with the stock underperforming against the Sensex in the year-to-date and one-year periods.
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