Is Johnson Con. Hit technically bullish or bearish?

Aug 27 2025 08:10 AM IST
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As of August 26, 2025, the technical trend is mildly bearish, supported by bearish MACD indicators and daily moving averages, despite a mildly bullish signal from Bollinger Bands on the monthly timeframe.
As of 26 August 2025, the technical trend has changed from sideways to mildly bearish. The current stance is bearish, with key indicators supporting this view. The MACD is bearish on the weekly timeframe and mildly bearish on the monthly timeframe. Daily moving averages also indicate a bearish trend. While the Bollinger Bands show a mildly bullish signal on the monthly, the overall weekly indicators, including KST and Dow Theory, suggest a mixed but predominantly bearish outlook. The stock has underperformed against the Sensex over various periods, further reinforcing the bearish sentiment.
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