Is Patanjali Foods technically bullish or bearish?
As of June 9, 2025, the market trend is neutral with mixed signals, showing a shift from mildly bullish to sideways, as weekly indicators are bearish while daily moving averages remain mildly bullish.
As of 9 June 2025, the technical trend has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different indicators. The weekly MACD and KST are bearish, while the monthly MACD is mildly bearish. The Bollinger Bands show a bearish signal on the weekly chart but a bullish signal on the monthly chart. Daily moving averages indicate a mildly bullish trend. Overall, with no clear trend in the Dow Theory and no signals from the RSI or OBV, the strength of the current stance is weak.
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