Is Pidilite Inds. technically bullish or bearish?

Aug 22 2025 08:06 AM IST
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As of August 21, 2025, the trend is mildly bullish with mixed indicators, including a bullish MACD on the weekly chart but bearish signals from the RSI and KST, suggesting caution despite some positive momentum.
As of 21 August 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, although it is mildly bearish on the monthly. The daily moving averages are bullish, supporting the mildly bullish outlook. However, the weekly RSI is bearish, indicating some weakness, while the Bollinger Bands show a mildly bullish trend on the weekly and a bullish trend on the monthly. The KST is mildly bearish on both weekly and monthly time frames, and Dow Theory indicates no trend in both time frames. Overall, while there are some bullish signals, the presence of bearish indicators suggests caution.
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