Is Mphasis technically bullish or bearish?
As of June 20, 2025, the trend is mildly bullish based on weekly indicators, though caution is advised due to mixed signals from monthly indicators and daily moving averages.
As of 20 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by the weekly MACD and KST indicators, both showing mild bullishness. The Dow Theory also aligns with this view, indicating a mildly bullish trend on the weekly timeframe. However, the monthly MACD and KST are mildly bearish, suggesting some caution. The Bollinger Bands are bullish on both weekly and monthly timeframes, reinforcing the positive outlook. Daily moving averages are mildly bearish, which adds a layer of complexity to the overall assessment. Overall, the strength of the bullish stance is moderate, with some mixed signals in the longer-term indicators.
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