Is Power Mech Proj. technically bullish or bearish?

Jun 26 2025 08:08 AM IST
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As of June 25, 2025, the trend has shifted to bullish with moderate strength, supported by bullish MACD, Bollinger Bands, and moving averages, despite a bearish weekly RSI indicating short-term weakness.
As of 25 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, bullish Bollinger Bands on the weekly chart, and bullish moving averages on the daily chart. However, the weekly RSI is bearish, indicating some short-term weakness. The overall trend is supported by a strong year-to-date return of 20.18%, significantly outperforming the Sensex.
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Our weekly and monthly stock recommendations are here
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