Is Jupiter Wagons technically bullish or bearish?
As of July 22, 2025, Jupiter Wagons has shifted to a bearish technical stance, driven by daily moving averages, weekly RSI, and Bollinger Bands, despite a mildly bullish weekly MACD, with significant underperformance against the Sensex reinforcing this outlook.
As of 22 July 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Jupiter Wagons is bearish with moderate strength. Key indicators driving this stance include the daily moving averages indicating a bearish trend, the weekly RSI showing bearish momentum, and both weekly and monthly Bollinger Bands confirming a bearish outlook. Additionally, the weekly MACD is mildly bullish, but this is overshadowed by the overall bearish signals from other indicators. The stock has also underperformed significantly compared to the Sensex over the past year, further supporting the bearish sentiment.
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