Is Vardhman Textile technically bullish or bearish?
As of August 29, 2025, Vardhman Textile's trend is mildly bearish due to bearish signals from MACD, KST, and moving averages, although there are some bullish indicators from OBV suggesting underlying strength.
As of 29 August 2025, the technical trend for Vardhman Textile has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish signals, while the monthly MACD and KST show a mildly bearish outlook. The Bollinger Bands also reflect a bearish trend on the monthly timeframe. Daily moving averages are bearish, further supporting the negative sentiment. However, the weekly Dow Theory indicates a mildly bullish stance, and the OBV shows bullish signals on both weekly and monthly timeframes, suggesting some underlying strength. Overall, the mixed indicators point to a mildly bearish outlook with some bullish divergence in the OBV.
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