Is Marico technically bullish or bearish?
As of 8 August 2025, Marico's technical trend is mildly bullish, supported by daily moving averages and monthly indicators, but tempered by bearish signals on the weekly timeframe.
As of 8 August 2025, the technical trend for Marico has changed from bullish to mildly bullish. The weekly MACD is mildly bearish, while the monthly MACD remains bullish, indicating some divergence in momentum. The daily moving averages suggest a mildly bullish stance, but the weekly KST and Dow Theory are both mildly bearish, adding caution to the outlook. The Bollinger Bands are sideways on the weekly chart but mildly bullish on the monthly, reflecting mixed signals. Overall, the current technical stance is mildly bullish, supported by the daily moving averages and monthly indicators, but tempered by the bearish signals on the weekly timeframe.
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