What is the technical trend for Confidence Fut.?

Jun 09 2025 06:32 PM IST
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As of May 29, 2025, Confidence Fut. has shifted to a bearish trend, supported by strong bearish indicators across MACD, Bollinger Bands, moving averages, and KST, despite a mildly bullish signal from Dow Theory on the weekly chart.
As of 29 May 2025, the technical trend for Confidence Fut. has changed from mildly bearish to bearish. The current stance is bearish with strong indicators supporting this view. The MACD is bearish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bearish trend in both time frames. Moving averages on the daily chart confirm a bearish outlook. Additionally, the KST is bearish on both weekly and monthly charts. The Dow Theory shows a mildly bullish signal on the weekly but no trend on the monthly, which does not outweigh the overall bearish indicators. The stock has underperformed significantly compared to the Sensex over multiple time frames, further reinforcing the bearish sentiment.
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