Is JTEKT India technically bullish or bearish?
As of June 12, 2025, the trend is mildly bearish with moderate strength, indicated by daily moving averages and monthly indicators, despite some short-term support from weekly MACD and KST, and the stock has significantly underperformed the Sensex over the past year.
As of 12 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is bearish with a moderate strength. Key indicators include the daily moving averages indicating bearishness, while the weekly MACD and KST are mildly bullish, suggesting some short-term support. However, the monthly MACD and Bollinger Bands are bearish, reinforcing the overall bearish sentiment. The stock has underperformed the Sensex significantly over the past year and year-to-date, further indicating weakness in the current trend.
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