Is L&T Technology technically bullish or bearish?

Jul 10 2025 08:06 AM IST
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As of July 9, 2025, the technical trend is mildly bearish, indicated by mixed signals from MACD, RSI, and Bollinger Bands, suggesting a lack of strong bullish momentum.
As of 9 July 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the weekly MACD showing mild bullishness, while the monthly MACD indicates mild bearishness. The weekly RSI is bearish, and both the weekly and monthly Bollinger Bands are bearish. Daily moving averages are bearish, and the KST shows mild bullishness on the weekly but mild bearishness on the monthly. Dow Theory indicates no trend in both weekly and monthly time frames. Overall, the indicators suggest a lack of strong bullish momentum, reinforcing the mildly bearish outlook.
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