Is Tata Power Co. technically bullish or bearish?

Aug 29 2025 08:06 AM IST
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As of August 28, 2025, Tata Power Co. has shifted to a mildly bearish trend due to bearish indicators from the weekly MACD and Bollinger Bands, despite some support from daily moving averages.
As of 28 August 2025, the technical trend for Tata Power Co. has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and Bollinger Bands indicating bearish conditions, alongside a mildly bearish KST and Dow Theory on the weekly timeframe. The daily moving averages remain mildly bullish, which offers some support, but the overall sentiment is tempered by the recent price decline and negative returns over the past month and year. The RSI shows no signals on both weekly and monthly timeframes, indicating a lack of momentum.
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