Is N R Agarwal Inds technically bullish or bearish?
As of July 4, 2025, the market trend is mildly bearish due to daily moving averages and monthly MACD signals, despite some bullish indicators on the weekly charts and recent strong returns.
As of 4 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish signal and the monthly MACD showing a bearish trend. While the weekly MACD and KST are bullish, they are offset by the overall bearish signals from the monthly indicators. The Bollinger Bands are also mildly bearish on a monthly basis, contributing to the bearish outlook. Despite recent strong returns over the past month, the longer-term performance shows a decline over the past year.
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