Is Patanjali Foods technically bullish or bearish?

Sep 22 2025 08:06 AM IST
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As of September 19, 2025, the technical trend has shifted to bullish, supported by strong indicators like a bullish weekly MACD and moving averages, despite some mixed signals on the monthly time frame.
As of 19 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish, indicating positive momentum. Daily moving averages are also bullish, reinforcing the upward trend. The Dow Theory shows a mildly bullish stance on both weekly and monthly time frames, while the KST is bullish on the weekly but mildly bearish on the monthly. The OBV reflects a mildly bullish trend on the weekly and mildly bearish on the monthly. Overall, the strength of the bullish trend is supported by multiple indicators, particularly in the weekly time frame.
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