Is Kaynes Tech technically bullish or bearish?

Jun 23 2025 08:05 AM IST
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As of June 20, 2025, the trend is bullish with moderate strength, supported by bullish MACD and moving averages, but 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, indicating some short-term weakness, and the Dow Theory shows a mildly bearish signal on the weekly. Overall, the bullish trend is supported by the recent price increase from the previous close, but caution is warranted due to mixed signals in the indicators.
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