Is Va Tech Wabag technically bullish or bearish?
As of July 11, 2025, the technical trend is mildly bearish due to daily moving averages, despite mixed signals from the weekly and monthly MACD and supportive Bollinger Bands.
As of 11 July 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating bearish momentum. The weekly MACD remains bullish, but the monthly MACD is mildly bearish, suggesting mixed signals across different time frames. The Bollinger Bands are bullish on both weekly and monthly charts, which adds some support. However, the Dow Theory indicates a mildly bearish stance on the weekly chart, while the monthly view is mildly bullish. Overall, the strength of the bearish sentiment is tempered by some bullish indicators, but the prevailing trend is bearish.
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