Is NGL Fine Chem technically bullish or bearish?
As of June 27, 2025, the technical trend has shifted to a bearish stance, driven by daily moving averages and monthly indicators, despite a mildly bullish weekly KST, indicating overall weakness compared to the Sensex.
As of 27 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages indicating bearish momentum, and the monthly MACD and Bollinger Bands both showing bearish signals. The weekly KST is mildly bullish, but this is overshadowed by the overall bearish trend in the monthly timeframe. The RSI shows no signal in both weekly and monthly perspectives, indicating a lack of momentum in either direction. Overall, the bearish trend is reinforced by the significant underperformance of the stock compared to the Sensex over various time frames.
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