Is Thejo Engg. technically bullish or bearish?
As of July 14, 2025, the technical trend is mildly bearish, with mixed signals across different time frames, indicating a cautious approach due to prevailing bearish sentiment despite some bullish indicators on the weekly charts.
As of 14 July 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook. The weekly MACD remains bullish, but the monthly MACD is mildly bearish, suggesting mixed signals across different time frames. The Bollinger Bands show a mildly bullish stance on the weekly chart, yet are mildly bearish on the monthly. The KST and OBV are bullish on the weekly but mildly bearish on the monthly, indicating some strength but overall weakness in the longer term. The Dow Theory shows no trend on the weekly but is mildly bullish on the monthly. Overall, the indicators suggest a cautious approach given the prevailing bearish sentiment.
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