Is Polycab India technically bullish or bearish?
As of June 12, 2025, Polycab India's technical trend is sideways with mixed signals, as the weekly MACD is mildly bullish while the monthly MACD is mildly bearish, and indicators like RSI and moving averages show conflicting trends.
As of 12 June 2025, the technical trend for Polycab India has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. The weekly RSI is bearish, suggesting downward pressure, but the monthly RSI shows no signal. Bollinger Bands indicate a mildly bullish stance on the weekly chart and bullish on the monthly, which contrasts with the daily moving averages that are mildly bearish. KST and OBV both show mildly bullish readings on the weekly and monthly time frames. Overall, the mixed signals suggest a lack of clear direction, reinforcing the sideways trend.
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