Is Tejas Networks technically bullish or bearish?

Sep 29 2025 08:09 AM IST
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As of September 26, 2025, Tejas Networks exhibits a mildly bearish trend, influenced by mixed technical indicators such as a mildly bullish weekly MACD, bearish daily moving averages, and bearish Bollinger Bands.
As of 26 September 2025, the technical trend for Tejas Networks has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The RSI shows no signal on the weekly chart while being bullish on the monthly, suggesting potential for upward movement but lacking confirmation. Bollinger Bands are bearish on the weekly and mildly bearish on the monthly, indicating price pressure. Daily moving averages are bearish, reinforcing the negative sentiment in the short term. The KST is bearish on both weekly and monthly time frames, while Dow Theory shows a mildly bullish stance on the weekly but no trend on the monthly. Overall, the combination of these indicators suggests a mildly bearish outlook for Tejas Networks.
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