Is Marico technically bullish or bearish?

Aug 29 2025 08:06 AM IST
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As of August 28, 2025, Marico's trend is mildly bullish, supported by daily moving averages and a bullish monthly outlook, despite some caution from weekly indicators.
As of 28 August 2025, the technical trend for Marico has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by daily moving averages indicating mild bullishness and a bullish monthly outlook from MACD and Bollinger Bands. However, the weekly MACD and KST are mildly bearish, suggesting some caution. The Dow Theory remains bullish on both weekly and monthly time frames, and the On-Balance Volume (OBV) is also bullish, reinforcing the positive sentiment. Overall, while there are mixed signals, the prevailing trend leans towards a mildly bullish stance.
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