Is MSTC technically bullish or bearish?

Jun 24 2025 08:13 AM IST
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As of June 23, 2025, the market trend is mildly bearish, with daily moving averages and Bollinger Bands indicating bearish momentum, while mixed signals from the MACD and KST suggest some mild bullishness but overall a prevailing bearish sentiment.
As of 23 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the Bollinger Bands showing a bearish signal on both weekly and monthly time frames. The MACD is mildly bullish on the weekly chart but turns mildly bearish on the monthly, suggesting mixed signals. The KST aligns with this by being mildly bullish weekly and mildly bearish monthly. Overall, while there are some mildly bullish indicators, the prevailing sentiment remains bearish, particularly in the short term.
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