What is the technical trend for Bhagwati Auto?

Jun 09 2025 05:40 PM IST
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As of June 2, 2025, Bhagwati Auto's technical trend is mildly bearish, with mixed signals from MACD and Bollinger Bands, while daily moving averages indicate caution in the short term.
As of 2 June 2025, the technical trend for Bhagwati Auto has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD remains bearish, indicating mixed signals across time frames. The Bollinger Bands and KST are both mildly bearish on a monthly basis, further supporting the overall mildly bearish stance. Daily moving averages are bearish, which adds to the caution in the short term. The Dow Theory shows a mildly bullish signal on the weekly chart but is bearish monthly, reflecting a lack of strong conviction in either direction. Overall, the current technical stance is mildly bearish, with key indicators such as moving averages and Bollinger Bands driving this assessment.
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