What is the technical trend for Asian Paints?
As of June 4, 2025, Asian Paints shows a bearish trend overall, with mixed signals from various indicators, including a bearish monthly MACD and bullish weekly KST, suggesting a negative outlook, especially in longer time frames.
As of 4 June 2025, the technical trend for Asian Paints has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is mildly bullish, but the monthly MACD is bearish, indicating mixed signals. The RSI shows no signal on the weekly chart but is bullish on the monthly, suggesting potential divergence. Both the weekly and monthly Bollinger Bands are bearish, reinforcing the negative outlook. Daily moving averages are bearish, and the KST is bullish weekly but bearish monthly, adding to the complexity. Dow Theory indicates a mildly bearish trend on the weekly and no trend on the monthly. Overall, the indicators suggest a bearish sentiment, particularly in the longer time frames.
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