Is Prakash Industri technically bullish or bearish?
As of August 26, 2025, Prakash Industries shows a mildly bearish trend due to weekly indicators like MACD and Bollinger Bands, despite some daily bullish signals, and has underperformed compared to the Sensex over the past year.
As of 26 August 2025, the technical trend for Prakash Industri has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the weekly MACD and Bollinger Bands indicating bearish conditions. The KST and Dow Theory also reflect a mildly bearish outlook on the weekly timeframe. Although the daily moving averages show a mildly bullish signal, the overall sentiment remains bearish due to the prevailing indicators. The stock has underperformed significantly over the past year compared to the Sensex, further supporting the bearish stance.
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