Is Johnson Con. Hit technically bullish or bearish?
As of June 27, 2025, Johnson Con. Hit's technical trend has shifted to mildly bearish, supported by bearish daily moving averages and a mildly bearish monthly MACD, despite a bullish weekly OBV and underperformance compared to the Sensex.
As of 27 June 2025, the technical trend for Johnson Con. Hit has changed from sideways to mildly bearish. The current stance is bearish, with key indicators supporting this view. The daily moving averages are bearish, and the monthly MACD is mildly bearish, indicating weakness in the longer time frame. Additionally, the Dow Theory shows a mildly bearish trend on the monthly scale. While the weekly OBV remains bullish, the overall sentiment is tempered by the bearish signals from other indicators. The stock has underperformed compared to the Sensex over various time frames, further reinforcing the bearish outlook.
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