Is Parag Milk Foods technically bullish or bearish?

Aug 21 2025 08:07 AM IST
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As of August 20, 2025, the technical trend has shifted to bullish, supported by strong indicators like a bullish MACD and moving averages, although there are some mildly bearish signals from the KST and Dow Theory.
As of 20 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the moving averages on the daily chart are also bullish. Bollinger Bands indicate a bullish trend on the weekly and a mildly bullish trend on the monthly. However, the KST shows a mildly bearish stance on the monthly, and Dow Theory presents a mildly bearish outlook on the weekly while being mildly bullish on the monthly. Overall, the strength of the bullish trend is reinforced by the recent price movement, with a significant increase from the previous close.
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