Is Marico technically bullish or bearish?

Sep 17 2025 08:06 AM IST
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As of 16 September 2025, Marico's trend is mildly bullish, supported by daily moving averages and Bollinger Bands, though caution is advised due to mildly bearish weekly MACD and KST indicators.
As of 16 September 2025, the technical trend for Marico has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating a positive trend. However, the weekly MACD and KST are mildly bearish, suggesting some caution in the short term. The Bollinger Bands on both weekly and monthly time frames are mildly bullish, providing additional support for the upward trend. Overall, while there are mixed signals, the strength of the bullish indicators on the monthly time frame helps maintain a mildly bullish outlook.
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