Is Prakash Industri technically bullish or bearish?
As of June 27, 2025, the market trend has shifted to sideways, with mixed technical indicators showing a neutral stance, as the weekly MACD is bearish and monthly MACD is mildly bearish, despite some bullish signals from daily moving averages and the KST.
As of 27 June 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is bearish, while the monthly MACD is mildly bearish, indicating a lack of strong upward momentum. The daily moving averages show a mildly bullish stance, but this is countered by the weekly and monthly Bollinger Bands, which are bearish. The KST is bullish on a weekly basis but mildly bearish monthly, and both the weekly and monthly OBV are mildly bearish. Overall, the indicators suggest a lack of clear direction, reflecting a sideways trend.
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