Is Shakti Pumps technically bullish or bearish?

Jun 24 2025 08:10 AM IST
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As of June 23, 2025, the market trend is mildly bullish, supported by positive MACD and moving averages, though tempered by bearish KST signals and mixed indicators across timeframes.
As of 23 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the weekly and monthly MACD readings being bullish, along with the daily moving averages indicating bullish momentum. The Bollinger Bands also reflect a mildly bullish trend on the weekly and a bullish trend on the monthly. However, the KST shows bearish signals on the weekly and mildly bearish on the monthly, which tempers the overall bullish sentiment. The Dow Theory indicates a mildly bullish stance on the monthly timeframe, while the weekly shows no trend. Overall, the strength of the bullish stance is moderate, influenced by mixed signals across different indicators.
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