Is Swaraj Engines technically bullish or bearish?
As of June 23, 2025, Swaraj Engines shows a mildly bullish trend with daily moving averages and monthly MACD indicating positive momentum, though caution is advised due to mixed signals from weekly indicators and selling pressure reflected in the OBV.
As of 23 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum and the monthly MACD showing a bullish signal. However, the weekly MACD and KST are mildly bearish, suggesting some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the positive outlook. The OBV is mildly bearish on the monthly, indicating some selling pressure. Overall, while there are mixed signals, the strength of the bullish indicators suggests a cautiously optimistic view for Swaraj Engines.
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