Is Yasho Industries technically bullish or bearish?

Aug 03 2025 08:01 AM IST
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As of August 1, 2025, the market trend has shifted to a bearish stance, supported by mixed technical indicators showing weakness in both weekly and monthly time frames, despite some mildly bullish signals on daily moving averages.
As of 1 August 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators supporting this view. The MACD is mildly bearish on both the weekly and monthly time frames. Bollinger Bands also indicate a bearish trend on both time frames. The KST shows a mixed signal, being bullish weekly but mildly bearish monthly. Moving averages are mildly bullish on the daily, but this is overshadowed by the overall bearish sentiment from the weekly and monthly indicators. The Dow Theory presents a mildly bearish stance on the weekly while being mildly bullish monthly, adding to the mixed signals. Overall, the strength of the bearish stance is reinforced by the recent price action, with a significant drop from the previous close and negative returns over the past month and year compared to the Sensex.
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