Is Mphasis technically bullish or bearish?

Jun 25 2025 09:27 AM IST
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As of June 24, 2025, Mphasis shows a mildly bullish technical trend, supported by weekly MACD and Bollinger Bands, despite mixed signals from daily moving averages and monthly indicators.
As of 24 June 2025, the technical trend for Mphasis has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The Bollinger Bands are bullish on both weekly and monthly charts, reinforcing the positive outlook. However, daily moving averages are mildly bearish, indicating short-term weakness. The KST shows bullish momentum weekly but is mildly bearish monthly, and Dow Theory reflects a mildly bullish stance on the monthly chart. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some bearish signals in the daily moving averages.
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