What is the technical trend for Berger Paints?
As of June 4, 2025, Berger Paints shows a bullish technical trend supported by a strong weekly MACD and Bollinger Bands, despite mixed signals from the KST and Dow Theory.
As of 4 June 2025, the technical trend for Berger Paints has changed from mildly bullish to bullish. The weekly MACD is bullish, supporting the positive trend, while the monthly MACD remains mildly bullish. The RSI on a monthly basis is bullish, indicating upward momentum, though the weekly RSI shows no signal. Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the bullish stance. Daily moving averages are also bullish. However, the KST is bullish weekly but bearish monthly, and Dow Theory indicates a mildly bullish weekly trend but mildly bearish monthly. Overall, the current technical stance is bullish, driven primarily by the strong weekly MACD and Bollinger Bands.
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