Is KPIT Technologi. technically bullish or bearish?
As of July 30, 2025, the market trend is mildly bearish, supported by bearish MACD and moving averages, mixed signals from KST and Dow Theory, and limited price movement indicated by Bollinger Bands, suggesting a cautious approach.
As of 30 July 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart, indicating a lack of upward momentum. The moving averages on the daily timeframe are also bearish, reinforcing the negative sentiment. The Bollinger Bands show a sideways trend on the weekly chart and mildly bearish on the monthly chart, suggesting limited price movement. The KST is bullish on the weekly but mildly bearish on the monthly, indicating mixed signals. Dow Theory presents a mildly bearish outlook on the weekly and mildly bullish on the monthly, adding to the complexity of the current trend. Overall, the combination of these indicators suggests a cautious approach is warranted.
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