Is Man Industries technically bullish or bearish?

Jun 14 2025 08:04 AM IST
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As of June 13, 2025, the market trend has shifted to a bullish stance, supported by positive indicators like a bullish MACD and moving averages, though caution is advised due to mildly bearish monthly MACD and KST signals.
As of 13 June 2025, the technical trend has changed from sideways to bullish. The current technical stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, bullish moving averages on the daily timeframe, and mildly bullish signals from both Bollinger Bands and Dow Theory on the weekly and monthly charts. However, the monthly MACD and KST are mildly bearish, indicating some caution. Overall, the bullish trend is supported by strong performance over longer timeframes, particularly in the 3-year and 5-year returns.
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