Is PTC India technically bullish or bearish?

Sep 23 2025 08:11 AM IST
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As of September 22, 2025, the market trend is neutral with mixed indicators, showing mildly bearish signals from MACD and Bollinger Bands on weekly and monthly charts, while daily moving averages suggest mild bullishness, resulting in a moderate overall stance.
As of 22 September 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing this outlook. The MACD is mildly bearish on both the weekly and monthly time-frames, while Bollinger Bands also indicate a bearish sentiment on both time-frames. The moving averages show a mildly bullish signal on the daily chart, which contrasts with the overall bearish indicators from the weekly and monthly perspectives. The Dow Theory reflects no trend on the weekly and mildly bearish on the monthly. The OBV shows a bullish stance on the monthly, but lacks a clear trend on the weekly. Overall, the strength of the current neutral stance is moderate, driven by conflicting signals across different indicators.
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