Is Pitti Engg. technically bullish or bearish?

Jul 24 2025 08:06 AM IST
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As of July 23, 2025, Pitti Engg. shows a mildly bearish trend, with daily moving averages and Bollinger Bands indicating bearish signals, despite some mixed indicators on the weekly and monthly charts.
As of 23 July 2025, the technical trend for Pitti Engg. has changed from sideways to mildly bearish. The current stance is bearish, driven by daily moving averages indicating a bearish trend and Bollinger Bands showing bearish signals on both weekly and monthly time frames. While the weekly MACD and KST are mildly bullish, the overall monthly indicators, including MACD and KST, are mildly bearish. The Dow Theory reflects no trend on the weekly chart but is mildly bullish on the monthly, suggesting mixed signals. The stock has underperformed significantly year-to-date compared to the Sensex, which further supports the bearish outlook.
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