What is the technical trend for Finolex Inds.?

Jun 09 2025 06:05 PM IST
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As of June 2, 2025, Finolex Industries shows a mildly bearish technical trend, with mixed signals from MACD and RSI indicators, primarily influenced by bearish daily moving averages.
As of 2 June 2025, the technical trend for Finolex Inds. has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals. The weekly RSI is bearish, while the monthly RSI shows no signal, contributing to the overall bearish sentiment. Daily moving averages are also mildly bearish. Bollinger Bands reflect a mildly bullish trend on the weekly but are bearish on the monthly. KST shows a mildly bullish trend weekly and mildly bearish monthly, while Dow Theory indicates no trend in both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the bearish weekly RSI.
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