Is Sunita Tools Ltd technically bullish or bearish?
As of June 20, 2025, Sunita Tools Ltd is in a mildly bearish trend, indicated by a bearish MACD and daily moving averages, despite mixed signals from Dow Theory and bullish Bollinger Bands, suggesting caution due to a lack of momentum in the RSI.
As of 20 June 2025, the technical trend for Sunita Tools Ltd has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating a bearish signal and daily moving averages also showing a mildly bearish trend. The Dow Theory presents a mixed view with a mildly bullish weekly signal but a mildly bearish monthly signal. While Bollinger Bands are bullish on both weekly and monthly time frames, the overall indicators suggest caution. The RSI shows no signals in both weekly and monthly time frames, indicating a lack of momentum.
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