Is L&T Technology technically bullish or bearish?
As of June 27, 2025, the market trend is mildly bearish, with mixed signals from indicators like MACD and Bollinger Bands, despite some mildly bullish readings.
As of 27 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains mildly bearish, indicating mixed signals. The RSI shows no signals on both weekly and monthly time frames. Bollinger Bands are bearish on the weekly and mildly bearish on the monthly, suggesting downward pressure. Moving averages on a daily basis are mildly bearish, reinforcing the negative sentiment. Dow Theory indicates no trend on the weekly and mildly bearish on the monthly, while the KST shows a mildly bullish weekly but a mildly bearish monthly. Overall, while there are some mildly bullish indicators, the prevailing sentiment remains bearish.
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