Is Jio Financial technically bullish or bearish?

Jun 24 2025 08:12 AM IST
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As of June 23, 2025, the technical trend is mildly bearish due to daily moving averages and weekly RSI indicating bearish momentum, despite some bullish signals from the MACD and KST, while the stock has underperformed against the Sensex over the past year.
As of 23 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the weekly RSI showing bearish momentum. Although the weekly MACD and KST are bullish, they are countered by the overall bearish signals from the Bollinger Bands and Dow Theory on the weekly timeframe. The stock has underperformed against the Sensex over multiple periods, particularly in the 1Y return, which further supports the bearish outlook.
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