Is L&T Technology technically bullish or bearish?
As of July 4, 2025, the market trend is mildly bearish, indicated by mixed signals from the MACD, moving averages, Bollinger Bands, and Dow Theory, with bearish indicators prevailing over bullish ones.
As of 4 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 shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly chart. The moving averages indicate a mildly bearish trend on the daily timeframe. Bollinger Bands and the KST both reflect bearish tendencies on the weekly and monthly charts, while the Dow Theory indicates a mildly bearish stance on the weekly timeframe. Overall, the mixed signals suggest a cautious outlook, with the bearish indicators outweighing the bullish ones.
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