What is the technical trend for Bajaj Holdings?
As of May 16, 2025, Bajaj Holdings exhibits a bullish technical trend supported by positive MACD, Bollinger Bands, and moving averages, although a bearish monthly RSI slightly tempers the sentiment.
As of 16 May 2025, the technical trend for Bajaj Holdings has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting the positive trend. The Bollinger Bands also indicate a bullish stance on both time frames. Daily moving averages confirm the bullish trend, while the KST and Dow Theory are bullish as well on both weekly and monthly charts. However, the monthly RSI shows a bearish signal, which slightly tempers the overall bullish sentiment. Despite this, the strong performance relative to the Sensex, particularly over the past year and five years, reinforces the bullish outlook. Overall, the current technical stance is bullish with strong momentum indicators.
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