What is the technical trend for Laxmipati Engg?

As of 30 May 2025, the technical trend for Laxmipati Engg has changed from bullish to mildly bullish. The weekly MACD remains bullish, supporting a positive outlook, while the monthly MACD also indicates bullishness. However, the monthly RSI is bearish, suggesting some weakness in momentum. The Bollinger Bands on both weekly and monthly time frames are mildly bullish, indicating a potential for upward movement. Daily moving averages are mildly bullish, reinforcing the short-term positive sentiment. Conversely, the Dow Theory shows a mildly bearish stance on both weekly and monthly charts, which could temper bullish expectations. Overall, the current stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some bearish signals from the monthly RSI and Dow Theory.