Is Munjal Showa technically bullish or bearish?

Aug 19 2025 08:12 AM IST
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As of 18 August 2025, Munjal Showa's technical trend has shifted to sideways, with mixed signals from indicators showing a neutral stance, including mildly bearish MACD and RSI on the weekly, while daily moving averages remain mildly bullish.
As of 18 August 2025, the technical trend for Munjal Showa has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across various indicators. The MACD is mildly bearish on the weekly and bearish on the monthly, while the RSI indicates bearish momentum on the weekly. Bollinger Bands show a mildly bullish signal on the weekly but bearish on the monthly. Daily moving averages are mildly bullish, contrasting with the weekly and monthly KST, which is bearish. Dow Theory presents a mildly bearish outlook on the weekly and mildly bullish on the monthly. Overall, the indicators suggest a lack of clear direction, reinforcing the sideways trend.
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