Is Kaynes Tech technically bullish or bearish?

Jun 22 2025 08:05 AM IST
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As of June 20, 2025, the trend has shifted to bullish with moderate strength, supported by bullish MACD, moving averages, and Bollinger Bands, although caution is advised due to a bearish weekly RSI and mildly bearish Dow Theory signals.
As of 20 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish moving averages on the daily timeframe, and bullish Bollinger Bands on the weekly. However, the weekly RSI is bearish, and the Dow Theory shows a mildly bearish signal on the weekly, which suggests some caution. Overall, the bullish trend is supported by the recent price movement, with today's high surpassing the previous close significantly.
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