Is TPL Plastech technically bullish or bearish?
As of June 20, 2025, TPL Plastech's technical trend is bearish, supported by bearish daily moving averages, Bollinger Bands, and a recent decline in performance, despite mixed signals from the MACD and KST indicators.
As of 20 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for TPL Plastech is bearish, with a moderate strength indicated by several key factors. The daily moving averages are bearish, and both the weekly and monthly Bollinger Bands confirm a bearish outlook. The MACD shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly, indicating mixed signals. The KST is also mildly bullish weekly but bearish monthly, while the OBV reflects a mildly bearish stance in both time frames. Overall, the bearish trend is reinforced by the stock's recent performance, with significant declines over the past month and year compared to the Sensex.
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