Is Unitech technically bullish or bearish?

Aug 05 2025 08:13 AM IST
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As of 4 August 2025, Unitech's trend has shifted to bearish with moderate strength, driven by bearish signals from daily moving averages, weekly RSI, and Bollinger Bands, despite a mildly bullish weekly MACD.
As of 4 August 2025, the technical trend for Unitech has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages showing bearish signals, the weekly RSI indicating bearish momentum, and both weekly and monthly Bollinger Bands confirming a bearish outlook. Although the weekly MACD is mildly bullish, the overall trend remains negative due to the prevailing bearish signals across multiple indicators.
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