Is Venky's (India) technically bullish or bearish?

Jun 24 2025 08:08 AM IST
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As of June 23, 2025, Venky's (India) shows a bearish trend overall, with bearish signals from monthly MACD, moving averages, and Bollinger Bands, despite a mildly bullish weekly MACD.
As of 23 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish, with a moderate strength indicated by the weekly MACD being mildly bullish, but the monthly MACD and moving averages are bearish. The Bollinger Bands and KST also confirm bearish signals on the monthly timeframe. The Dow Theory shows a mildly bearish trend on the weekly chart, while the RSI indicates no signal on both weekly and monthly timeframes. Overall, the bearish indicators outweigh the mildly bullish signals, suggesting a negative outlook for Venky's (India).
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