Is Prakash Industri technically bullish or bearish?
As of June 20, 2025, Prakash Industri's technical trend has shifted to mildly bearish, supported by bearish signals from MACD, Bollinger Bands, and OBV, despite some mixed indicators from KST and moving averages.
As of 20 June 2025, the technical trend for Prakash Industri has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD is showing a mildly bearish signal on both the weekly and monthly time frames. Bollinger Bands also indicate a bearish trend on both weekly and monthly charts. The KST is bullish on the weekly but mildly bearish on the monthly, creating a mixed signal. Moving averages are mildly bullish on the daily, but the overall sentiment is dampened by the weekly Dow Theory, which is mildly bearish. The OBV reflects a mildly bearish stance on both weekly and monthly time frames. Overall, the strength of the bearish sentiment is moderate, influenced by the prevailing bearish indicators.
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