Is L G Balakrishnan technically bullish or bearish?
As of July 10, 2025, the trend has shifted to mildly bullish, supported by positive weekly indicators, though caution is advised due to mildly bearish monthly signals.
As of 10 July 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly chart and bullish moving averages on the daily chart. The Bollinger Bands indicate a mildly bullish trend on the weekly timeframe, while the KST is also bullish on the weekly. However, the monthly indicators show a mildly bearish MACD and KST, suggesting some caution. Overall, the strength of the bullish stance is moderate, with the absence of strong signals from the RSI and Dow Theory indicating no clear trend in the longer time frames.
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