Is Triveni Turbine technically bullish or bearish?
As of June 12, 2025, the technical trend is mildly bullish, supported by weekly indicators like the MACD and Bollinger Bands, although daily moving averages show some caution with a mildly bearish stance.
As of 12 June 2025, the technical trend has changed from sideways to mildly bullish. The current technical stance is mildly bullish, driven by several key indicators. The weekly MACD is mildly bullish, supported by a bullish reading in the Bollinger Bands and the Dow Theory, which also indicates a mildly bullish outlook. The KST on a weekly basis is mildly bullish as well. However, the daily moving averages are mildly bearish, which adds some caution. Overall, the strength of the bullish sentiment is moderate, with the weekly indicators suggesting a positive trend despite some mixed signals from the daily timeframe.
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