Is Manorama Indust. technically bullish or bearish?
As of June 23, 2025, Manorama Industries shows a mildly bullish trend, supported by bullish MACD and KST indicators, while daily moving averages and Bollinger Bands also reflect a similar stance, despite the RSI showing no signals and Dow Theory indicating no clear trend.
As of 23 June 2025, the technical trend for Manorama Indust. has changed from bullish to mildly bullish. The weekly MACD and KST remain bullish, supporting a positive outlook, while the daily moving averages indicate a mildly bullish stance. However, the RSI shows no signal on both weekly and monthly time frames, and Dow Theory indicates no trend. The Bollinger Bands also reflect a mildly bullish condition. Overall, the current technical stance is mildly bullish, with key indicators such as the MACD and KST driving this sentiment.
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