Is Pidilite Inds. technically bullish or bearish?

Jul 23 2025 08:07 AM IST
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As of July 22, 2025, Pidilite Industries shows a mildly bearish trend due to negative weekly and monthly MACD readings, bearish Bollinger Bands and KST, and confirmation from Dow Theory, despite a mildly bullish signal from daily moving averages.
As of 22 July 2025, the technical trend for Pidilite Inds. has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven primarily by the weekly and monthly MACD readings, both indicating a bearish sentiment. Additionally, the Bollinger Bands and KST are also bearish on both weekly and monthly time frames. The moving averages on the daily chart show a mildly bullish signal, but this is overshadowed by the overall bearish indicators from the weekly and monthly analyses. The Dow Theory confirms a mildly bearish stance as well. Overall, the combination of these indicators suggests a cautious outlook for Pidilite Inds.
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