Is Protean eGov technically bullish or bearish?

Oct 03 2025 08:21 AM IST
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As of October 1, 2025, the market trend is mildly bearish, with daily moving averages and weekly Dow Theory supporting this view, despite some mixed signals from the MACD, KST, and Bollinger Bands.
As of 1 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment. The weekly MACD and KST are mildly bullish, but the overall trend is tempered by the weekly Dow Theory also showing a mildly bearish outlook. The Bollinger Bands present a mixed signal with a mildly bullish weekly view but a mildly bearish monthly perspective. The RSI shows no signal on the weekly timeframe while being bullish on the monthly, indicating some divergence in momentum. Overall, the bearish indicators outweigh the bullish signals at this time.
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