Is Jindal Stain. technically bullish or bearish?
As of July 4, 2025, the technical trend is mildly bearish, indicated by daily moving averages and weekly RSI, despite mixed signals from MACD and Bollinger Bands, with the stock underperforming against the Sensex year-to-date.
As of 4 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend and the weekly RSI showing bearish momentum. The MACD on the monthly timeframe is mildly bearish, while the weekly MACD remains bullish, suggesting mixed signals. The Bollinger Bands on the weekly are mildly bullish, but overall, the Dow Theory indicates a mildly bearish trend on the weekly. The stock has underperformed against the Sensex on a year-to-date basis and over the past year, further supporting the bearish outlook.
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