Is Triven.Engg.Ind. technically bullish or bearish?

Jun 27 2025 08:06 AM IST
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As of June 26, 2025, the technical trend has shifted to a bearish stance with mixed signals, as recent price declines and underperformance against the Sensex reinforce a cautious outlook.
As of 26 June 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is bearish, with a mild strength indicated by the weekly MACD and Bollinger Bands both showing bearish signals. The KST is bullish on the weekly timeframe but mildly bearish on the monthly, suggesting mixed signals. The moving averages on the daily are mildly bullish, but overall, the lack of strong bullish indicators and the recent price decline from 392.90 to 384.90 reinforce the bearish outlook. The stock has underperformed against the Sensex in multiple timeframes, further supporting a bearish sentiment.
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