Is L G Balakrishnan technically bullish or bearish?

Aug 17 2025 08:04 AM IST
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As of 14 August 2025, the technical trend is neutral with mixed indicators, showing a shift from mildly bullish to sideways, as the weekly MACD is bearish, monthly Bollinger Bands indicate downward pressure, and moving averages present conflicting signals.
As of 14 August 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is bearish, while the monthly MACD is mildly bearish, indicating a lack of upward momentum. The Bollinger Bands are bearish on the monthly chart and mildly bearish on the weekly chart, suggesting potential downward pressure. Moving averages show a mildly bullish signal on the daily timeframe, but this is countered by the weekly Dow Theory being mildly bearish. The KST is bullish weekly but mildly bearish monthly, adding to the mixed signals. Overall, the lack of strong bullish or bearish signals leads to a neutral stance.
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