What is the technical trend for CG Power & Ind?

Jun 09 2025 05:35 PM IST
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As of June 6, 2025, CG Power & Ind shows a mildly bearish technical trend, with conflicting indicators such as a bullish weekly MACD and bearish daily moving averages.
As of 6 June 2025, the technical trend for CG Power & Ind has changed from sideways to mildly bearish. The weekly MACD is bullish, but the monthly MACD indicates a mildly bearish stance. The weekly RSI is bearish, while the monthly RSI shows no signal. Moving averages on the daily chart are mildly bearish, and the KST is mildly bullish on the weekly but mildly bearish on the monthly. Dow Theory suggests a mildly bullish trend on the weekly, with no trend on the monthly. Overall, the indicators present a mildly bearish technical stance, primarily driven by the daily moving averages and the monthly MACD.
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