Is Triveni Turbine technically bullish or bearish?
As of June 24, 2025, the market trend is mildly bullish, supported by weekly MACD and KST indicators, but tempered by mixed signals from monthly indicators and mildly bearish daily moving averages.
As of 24 June 2025, the technical trend has changed from sideways to mildly bullish. The current technical stance is mildly bullish, driven by the weekly MACD and KST both indicating mild bullishness, along with the Dow Theory supporting a bullish outlook. Bollinger Bands are also bullish on both weekly and monthly time frames. However, the daily moving averages are mildly bearish, which introduces some caution. Overall, the strength of the bullish stance is tempered by mixed signals from the monthly indicators, particularly the MACD and KST, which are mildly bearish.
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