Is Waaree Energies technically bullish or bearish?

Jun 22 2025 08:05 AM IST
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As of June 20, 2025, Waaree Energies shows a mildly bullish trend supported by positive MACD and Bollinger Bands, despite some bearish signals from Dow Theory and On-Balance Volume.
As of 20 June 2025, the technical trend for Waaree Energies has changed from sideways to mildly bullish. The weekly MACD is bullish, and Bollinger Bands also indicate a bullish stance. However, the Dow Theory shows a mildly bearish signal on the weekly timeframe, and the On-Balance Volume (OBV) is mildly bearish as well. Overall, the current technical stance is mildly bullish, supported by the positive momentum from the MACD and Bollinger Bands, despite some bearish signals from Dow Theory and OBV.
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