Is Welspun Enterp technically bullish or bearish?
As of June 23, 2025, Welspun Enterp shows a mildly bearish trend, with daily moving averages indicating bearish signals, while weekly indicators present conflicting mild bullishness, and overall performance has underperformed the Sensex year-to-date.
As of 23 June 2025, the technical trend for Welspun Enterp has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish signal, while the weekly MACD and KST show mild bullishness, suggesting some conflicting signals. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, but the overall trend remains bearish due to the daily indicators. The Dow Theory indicates no trend on the weekly chart but is mildly bullish on the monthly chart. The stock has underperformed the Sensex significantly year-to-date, which adds to the bearish sentiment.
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