Is Softtech Enginee technically bullish or bearish?

Jun 22 2025 08:05 AM IST
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As of June 20, 2025, Softtech Enginee's trend is mildly bearish, influenced by mixed MACD signals, daily moving averages, and Dow Theory, despite some bullish indications from Bollinger Bands.
As of 20 June 2025, the technical trend for Softtech Enginee has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The moving averages on a daily basis are mildly bearish, and both the KST and Dow Theory are also mildly bearish on a weekly basis. Bollinger Bands show bullish signals on both weekly and monthly time frames, providing some counterbalance. Overall, the strength of the bearish sentiment is moderate, influenced by the daily moving averages and the Dow Theory.
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