Is JTEKT India technically bullish or bearish?

Sep 14 2025 08:05 AM IST
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As of September 12, 2025, the trend is mildly bullish, supported by bullish weekly MACD and Bollinger Bands, but tempered by mildly bearish monthly MACD and daily moving averages, indicating mixed signals.
As of 12 September 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by several key indicators. The weekly MACD is bullish, supporting the upward momentum, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting price strength. The Dow Theory also reflects a mildly bullish outlook on both weekly and monthly bases. However, the daily moving averages are mildly bearish, which introduces some short-term weakness. Overall, the strength of the bullish stance is tempered by mixed signals from the monthly indicators.
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