Is Mazagon Dock technically bullish or bearish?

Jun 10 2025 08:17 AM IST
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As of June 9, 2025, Mazagon Dock's technical trend is mildly bullish, supported by a bullish MACD and moving averages, but tempered by a bearish weekly RSI and mixed signals from other indicators, suggesting a cautious bullish outlook.
As of 9 June 2025, the technical trend for Mazagon Dock has changed from bullish to mildly bullish. The current technical stance is mildly bullish, driven by a bullish MACD on both weekly and monthly time frames, and daily moving averages indicating bullish momentum. However, the weekly RSI is bearish, suggesting some weakness in momentum. Bollinger Bands are also mildly bullish on both weekly and monthly charts. The KST shows a bullish weekly signal but is mildly bearish monthly, while Dow Theory indicates a mildly bearish stance on the weekly time frame. Overall, the mixed signals suggest a cautious bullish outlook.
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