Is Kennametal India technically bullish or bearish?

Jul 29 2025 08:10 AM IST
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As of July 28, 2025, Kennametal India is in a bearish trend with moderate strength, driven by bearish daily moving averages, a bearish weekly RSI, and confirmation from Bollinger Bands, despite a mildly bullish weekly MACD.
As of 28 July 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Kennametal India is bearish with moderate strength. Key indicators driving this stance include the daily moving averages indicating bearish momentum, the weekly RSI showing bearish conditions, and both the weekly and monthly Bollinger Bands confirming a bearish trend. Although the weekly MACD is mildly bullish, the overall monthly indicators, including the MACD and KST, remain bearish, reinforcing the bearish outlook. The stock has underperformed significantly compared to the Sensex over various time frames, further supporting the bearish sentiment.
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