Is Motherson Wiring technically bullish or bearish?

Sep 05 2025 08:10 AM IST
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As of September 4, 2025, the technical trend is bullish with strong indicators, though caution is advised due to a mildly bearish monthly MACD.
As of 4 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish. Daily moving averages are also bullish, indicating positive momentum. However, the monthly MACD is mildly bearish, which suggests some caution. The Dow Theory shows a mildly bullish trend on the weekly timeframe, while the KST is mildly bearish. Overall, the strength of the bullish trend is reinforced by the recent price action, with the stock trading above its previous close and today's high nearing the 52-week high.
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