Is Timken India technically bullish or bearish?

Jun 22 2025 08:04 AM IST
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As of June 20, 2025, Timken India shows a mildly bullish trend supported by the weekly MACD and Bollinger Bands, despite mixed signals from the monthly MACD and daily moving averages indicating short-term weakness.
As of 20 June 2025, the technical trend for Timken India has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the mildly bullish stance, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are showing a mildly bullish signal on the weekly chart and bullish on the monthly chart, reinforcing the positive outlook. The Dow Theory is also mildly bullish on both weekly and monthly time frames. However, daily moving averages are mildly bearish, which suggests short-term weakness. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.
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