Is PTC India technically bullish or bearish?
As of September 23, 2025, the market trend is mildly bearish, supported by bearish indicators from MACD, KST, and Dow Theory, despite some mixed signals from daily moving averages and OBV.
As of 23 September 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD, KST, and Dow Theory all indicating a bearish outlook. Bollinger Bands also reflect a bearish sentiment on both weekly and monthly time frames. The daily moving averages show a mildly bullish signal, but this is overshadowed by the overall bearish indicators. The RSI shows no signals, and the OBV indicates no trend on the weekly but is bullish on the monthly, suggesting mixed signals. Overall, the strength of the bearish trend is supported by multiple indicators across different time frames.
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