Is Timken India technically bullish or bearish?

Jun 24 2025 08:11 AM IST
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As of June 23, 2025, the market trend has shifted to mildly bearish, influenced by daily moving averages and monthly MACD signals, despite some bullish indicators on the weekly chart and underperformance compared to the Sensex.
As of 23 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the monthly MACD showing a mildly bearish signal. While the weekly MACD and KST remain bullish, the overall monthly indicators, including Bollinger Bands and KST, suggest weakness. The Dow Theory indicates no trend on the weekly chart, but a mildly bullish stance on the monthly chart adds some complexity. The stock's recent performance has been underwhelming compared to the Sensex, particularly over the past year.
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