Is JTEKT India technically bullish or bearish?

Sep 01 2025 08:04 AM IST
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As of August 29, 2025, the trend is mildly bearish due to bearish signals from the MACD, KST, and moving averages, despite some bullish strength indicated by the monthly RSI and weekly OBV, suggesting a cautious approach.
As of 29 August 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and KST both indicating bearish signals, along with daily moving averages also showing bearishness. The Bollinger Bands reflect a mildly bearish outlook on both weekly and monthly time frames. However, the monthly RSI is bullish, suggesting some underlying strength, while the weekly OBV indicates bullish momentum. Overall, the mixed signals across different indicators suggest a cautious approach, with the bearish indicators currently outweighing the bullish ones.
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