Is Unitech technically bullish or bearish?

Oct 17 2025 08:10 AM IST
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As of October 16, 2025, the trend has shifted to bearish with moderate strength, supported by daily moving averages and Bollinger Bands indicating bearish momentum, despite mixed signals from the MACD.
As of 16 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators include the daily moving averages indicating bearish momentum, weekly and monthly Bollinger Bands also signaling bearish conditions, and the KST showing bearish trends on both weekly and monthly timeframes. Although the MACD is mildly bullish on the weekly, it is mildly bearish on the monthly, indicating mixed signals. Overall, the bearish indicators dominate the analysis.
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Our weekly and monthly stock recommendations are here
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