Is L&T Technology technically bullish or bearish?

Jun 21 2025 08:05 AM IST
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As of June 20, 2025, L&T Technology's technical stance is mildly bearish, indicated by mixed MACD signals, mildly bearish moving averages, and a lack of strong bullish signals from RSI and OBV.
As of 20 June 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance for L&T Technology is mildly bearish. Key indicators driving this stance include the weekly MACD showing mildly bullish momentum, but the monthly MACD is mildly bearish. The moving averages on the daily chart are also mildly bearish, and both the Bollinger Bands and Dow Theory indicate a mildly bearish outlook on the weekly and monthly time frames. The overall lack of strong bullish signals from the RSI and OBV further supports the mildly bearish position.
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