Is Newgen Software technically bullish or bearish?
As of September 25, 2025, the market trend is mildly bearish due to mixed signals from key indicators, with bearish tendencies outweighing bullish signals across various timeframes.
As of 25 September 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The RSI is bullish on the weekly timeframe, but there is no signal on the monthly. Bollinger Bands and KST both show bearish tendencies on the weekly, with the monthly also reflecting a mildly bearish outlook. Moving averages on the daily are mildly bearish, while the Dow Theory indicates a mildly bearish trend on the weekly with no trend on the monthly. Overall, the bearish indicators outweigh the bullish signals, leading to a mildly bearish stance.
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