Is Johnson Con. Hit technically bullish or bearish?

Jul 17 2025 08:06 AM IST
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As of July 16, 2025, the technical trend for Johnson Con is mildly bearish, supported by mixed MACD signals, bearish KST indicators, and significant underperformance against the Sensex over the past years.
As of 16 July 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly chart, indicating mixed momentum. The daily moving averages are also mildly bearish, reinforcing the downward pressure. The KST is bearish on both weekly and monthly time frames, while the Dow Theory indicates a mildly bearish stance on the monthly chart. Additionally, the stock has underperformed the Sensex significantly over the past year and five years, further supporting the bearish outlook. Overall, the combination of these indicators suggests a cautious approach towards Johnson Con. Hit.
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