Is Mphasis technically bullish or bearish?
As of August 29, 2025, the market trend is mildly bullish, supported by positive weekly indicators and moving averages, though caution is advised due to mildly bearish monthly signals.
As of 29 August 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the weekly MACD and KST indicators, both of which are bullish. The daily moving averages also indicate a mildly bullish trend. However, the monthly MACD and KST are mildly bearish, suggesting some caution. Bollinger Bands are mildly bullish on both weekly and monthly time frames, reinforcing the overall mildly bullish sentiment. The Dow Theory aligns with this, showing a mildly bullish stance as well. Despite recent price declines, the longer-term trends remain positive, particularly over the 3-year and 5-year periods.
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