Is Softtech Enginee technically bullish or bearish?

Jun 23 2025 08:04 AM IST
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As of June 20, 2025, the market trend is mildly bearish, influenced by mixed signals from MACD, moving averages, and Bollinger Bands, suggesting a cautious approach.
As of 20 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating mild bullishness, while the monthly MACD remains mildly bearish. The moving averages on the daily chart are also mildly bearish, and both the KST and Dow Theory show a mildly bearish outlook on the weekly timeframe. Bollinger Bands are bullish on both weekly and monthly charts, which provides some counterbalance. Overall, the mixed signals suggest a cautious stance, with the bearish indicators taking precedence.
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