Is Johnson Con. Hit technically bullish or bearish?
As of July 7, 2025, Johnson Con. Hit's technical trend has shifted to mildly bearish, driven by daily moving averages and monthly indicators, despite some bullish signals from weekly MACD and Bollinger Bands.
As of 7 July 2025, the technical trend for Johnson Con. Hit has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearishness and the monthly KST also showing a bearish signal. While the weekly MACD and Bollinger Bands suggest some bullish momentum, the overall monthly indicators, including the Dow Theory and RSI, lean towards a bearish outlook. The stock's recent performance has been weak compared to the Sensex over the past year and five years, further supporting the bearish sentiment.
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