Is Magadh Sugar technically bullish or bearish?
As of July 28, 2025, Magadh Sugar's technical trend has shifted to a neutral stance with bearish tendencies, indicated by bearish weekly MACD and Bollinger Bands, despite mildly bullish daily moving averages and mixed momentum from the RSI.
As of 28 July 2025, the technical trend for Magadh Sugar has changed from mildly bullish to sideways. The current stance is neutral with bearish tendencies. The weekly MACD is bearish, and the Bollinger Bands are also indicating a bearish trend. The KST and Dow Theory on a weekly basis are mildly bearish, while the monthly MACD and KST are mildly bearish as well. The daily moving averages are mildly bullish, but this is overshadowed by the overall bearish signals from the weekly indicators. The RSI shows no signal on the weekly but is bullish on the monthly, indicating mixed momentum. Overall, the strength of the bearish indicators suggests caution in the current market environment.
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