What is the technical trend for Bata India?

Jun 09 2025 06:21 PM IST
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As of May 12, 2025, Bata India shows a mildly bearish trend overall, with daily indicators indicating short-term weakness despite some mildly bullish signals on the weekly time frame.
As of 12 May 2025, the technical trend for Bata India has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The Bollinger Bands and moving averages on the daily time frame are bearish, suggesting short-term weakness. The KST shows a mildly bullish signal on the weekly, but bearish on the monthly, indicating mixed signals across different time frames. The Dow Theory reflects a mildly bullish trend on the weekly but no trend on the monthly. Overall, the current stance is mildly bearish, driven primarily by the bearish daily moving averages and Bollinger Bands, despite some mildly bullish signals in the weekly indicators.
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