Is Triveni Turbine technically bullish or bearish?
As of July 28, 2025, the technical trend has shifted to mildly bearish due to daily moving averages signaling bearishness, despite mixed indicators from weekly and monthly MACD and KST, along with conflicting Bollinger Bands.
As of 28 July 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish signal. While the weekly MACD and KST remain bullish, the monthly MACD and KST show a mildly bearish outlook, suggesting weakening momentum. The Dow Theory indicates a mildly bearish stance on the weekly chart, while the Bollinger Bands reflect a mildly bullish position on both weekly and monthly time frames. Overall, the mixed signals across different time frames contribute to a mildly bearish sentiment.
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