Is WPIL technically bullish or bearish?

Jun 21 2025 08:05 AM IST
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As of June 20, 2025, WPIL's trend has shifted to bearish with moderate strength, supported by daily moving averages and weekly Bollinger Bands indicating bearish momentum, despite a mildly bullish weekly MACD.
As of 20 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages indicating bearish momentum, along with weekly Bollinger Bands also showing a bearish signal. The MACD on a weekly basis is mildly bullish, but the monthly MACD and KST are both mildly bearish, suggesting a lack of strong upward momentum. The Dow Theory indicates a mildly bearish trend on the weekly timeframe, further supporting the bearish outlook. Overall, the combination of these indicators suggests a prevailing bearish sentiment for WPIL.
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