Is PTC India technically bullish or bearish?

Jul 22 2025 08:14 AM IST
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As of July 21, 2025, the trend is mildly bullish due to positive signals from the MACD and Bollinger Bands, though caution is advised due to mixed longer-term indicators.
As of 21 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly chart and bullish signals from Bollinger Bands on both weekly and monthly time frames. The daily moving averages also indicate bullish momentum. However, the monthly MACD and KST are mildly bearish, suggesting some caution. The Dow Theory shows a mildly bullish trend on the monthly chart, while the OBV indicates bullishness on the monthly as well. Overall, the strength of the bullish stance is tempered by mixed signals in the longer time frames.
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