Is Muthoot Cap.Serv technically bullish or bearish?
As of June 26, 2025, the market trend is mildly bullish, supported by positive weekly indicators like MACD and Bollinger Bands, although daily moving averages suggest short-term caution.
As of 26 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by several key indicators. The weekly MACD is mildly bullish, while the Bollinger Bands and KST are also indicating bullish conditions on the weekly timeframe. Dow Theory supports this with a mildly bullish signal on both weekly and monthly charts. However, the daily moving averages are mildly bearish, which suggests some short-term caution. Overall, the strength of the bullish stance is supported by the positive performance in the last week and month compared to the Sensex, despite a negative year-to-date return.
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