Is Techno Elec.Engg technically bullish or bearish?

Jun 24 2025 08:09 AM IST
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As of June 23, 2025, the market trend is mildly bullish, supported by positive weekly indicators like the MACD and Bollinger Bands, though caution is advised due to mixed signals in the monthly timeframe.
As of 23 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by several key indicators. The weekly MACD is bullish, supporting the upward momentum, while the monthly MACD shows a mildly bearish signal, indicating some caution. Bollinger Bands are bullish on both weekly and monthly time frames, suggesting price strength. The KST is bullish weekly but mildly bearish monthly, reflecting mixed signals. Moving averages on the daily are mildly bearish, which could indicate short-term weakness. The Dow Theory shows a mildly bullish stance on the monthly, while the OBV is bullish monthly, reinforcing the positive outlook. Overall, the strength of the bullish trend is moderate, with some mixed signals in the longer time frames.
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