Is Mphasis technically bullish or bearish?
As of June 20, 2025, Mphasis shows a mildly bullish technical trend supported by the weekly MACD and Dow Theory, despite some short-term bearish signals from daily moving averages.
As of 20 June 2025, the technical trend for Mphasis has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, supported by the Dow Theory also showing a mildly bullish trend. Bollinger Bands on both weekly and monthly time frames are bullish, reinforcing the positive outlook. However, the daily moving averages are mildly bearish, which suggests some short-term weakness. The KST shows a mildly bullish trend on the weekly but is mildly bearish on the monthly, indicating mixed signals. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Dow Theory, despite some bearish signals in the daily moving averages.
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