Is MSTC technically bullish or bearish?
As of June 20, 2025, the trend has shifted to a bearish stance with moderate strength, driven by bearish daily moving averages, a bearish weekly RSI, and confirming Bollinger Bands, despite some mildly bullish signals from the MACD and KST.
As of 20 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages indicating bearishness, the weekly RSI showing bearish momentum, and the Bollinger Bands confirming a bearish trend on both weekly and monthly time frames. Although the weekly MACD and KST are mildly bullish, they are overshadowed by the overall bearish signals from other indicators. The stock has also underperformed significantly against the Sensex over multiple time frames, further supporting the bearish outlook.
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