Is Munjal Showa technically bullish or bearish?

Oct 07 2025 08:14 AM IST
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As of October 6, 2025, Munjal Showa's technical trend is neutral with mixed signals, showing a divergence between mildly bearish weekly MACD and mildly bullish monthly MACD, while Bollinger Bands indicate downward pressure and daily moving averages provide slight support.
As of 6 October 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 weekly MACD is mildly bearish, while the monthly MACD is mildly bullish, indicating a divergence in momentum. The Bollinger Bands are bearish on both weekly and monthly time frames, suggesting downward pressure. Daily moving averages are mildly bullish, providing some support. The KST is mildly bearish weekly and bearish monthly, further contributing to the lack of a clear trend. Overall, the lack of definitive signals from the RSI and Dow Theory reinforces the neutral stance, with no strong bullish or bearish indicators prevailing at this time.
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