Is Schaeffler India technically bullish or bearish?

Jul 02 2025 08:13 AM IST
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As of July 1, 2025, Schaeffler India shows a mildly bullish trend due to positive weekly indicators, but mixed signals from monthly data suggest a cautious outlook.
As of 1 July 2025, the technical trend for Schaeffler India has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and Bollinger Bands indicating bullish momentum, while the daily moving averages also support a bullish outlook. However, the monthly indicators such as MACD and KST are mildly bearish, and the Dow Theory shows a mildly bearish trend on the weekly timeframe. Overall, the mixed signals suggest a cautious bullish sentiment, with some weakness indicated in the longer-term monthly data.
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