Is Power Mech Proj. technically bullish or bearish?
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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