Is Triven.Engg.Ind. technically bullish or bearish?
As of July 1, 2025, the trend is mildly bearish due to weekly MACD and Bollinger Bands indicating bearish conditions, despite daily moving averages showing mild bullishness, and the stock has underperformed compared to the Sensex over the past month and year.
As of 1 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and Bollinger Bands indicating bearish conditions, while the monthly indicators show a mix of mildly bearish signals. The Dow Theory also supports a mildly bearish view on both weekly and monthly time frames. Although the daily moving averages are mildly bullish, they are not strong enough to counteract the overall bearish sentiment. The stock has underperformed significantly compared to the Sensex over the past month and year, further reinforcing the bearish outlook.
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