Is Jubilant Food technically bullish or bearish?

Jun 23 2025 08:02 AM IST
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As of June 20, 2025, Jubilant Food's technical trend is bullish, supported by positive monthly indicators like the MACD and Bollinger Bands, although there are mixed short-term signals from the weekly MACD and OBV.
As of 20 June 2025, the technical trend for Jubilant Food has changed from mildly bullish to bullish. The current stance is bullish, with key indicators supporting this view. The monthly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish as well. Daily moving averages also indicate a bullish trend. However, the weekly MACD is mildly bearish, and the weekly OBV is mildly bullish, suggesting some mixed signals in the short term. Overall, the strength of the bullish stance is reinforced by the positive monthly indicators, despite the lack of clear trends in Dow Theory.
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