Is Usha Martin technically bullish or bearish?
As of July 3, 2025, Usha Martin's technical trend is mildly bullish, supported by positive weekly MACD and KST indicators, Dow Theory confirmation, and strong performance against the Sensex, although daily moving averages suggest some caution.
As of 3 July 2025, the technical trend for Usha Martin has changed from sideways to mildly bullish. The current stance is mildly bullish, primarily driven by the weekly MACD and KST indicators, both showing mild bullishness. Additionally, the Dow Theory confirms a mildly bullish outlook on the weekly timeframe. Bollinger Bands are also indicating bullish conditions on both weekly and monthly charts. However, the daily moving averages are mildly bearish, which adds some caution to the overall bullish sentiment. The stock has shown strong performance over the past week and month compared to the Sensex, further supporting the bullish stance.
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