What is the technical trend for Mahanagar Gas?

Jun 09 2025 06:19 PM IST
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As of June 6, 2025, Mahanagar Gas shows a mildly bearish technical trend, with daily moving averages and monthly indicators influencing this outlook, despite some mildly bullish signals on the weekly MACD and Bollinger Bands.
As of 6 June 2025, the technical trend for Mahanagar Gas has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish trend. The Bollinger Bands are bullish on the weekly timeframe but mildly bearish on the monthly. Moving averages on the daily timeframe are bearish, and the KST is mildly bullish weekly but mildly bearish monthly. Dow Theory reflects a mildly bearish outlook on the weekly and mildly bullish on the monthly. Overall, the current technical stance is mildly bearish, influenced primarily by the daily moving averages and monthly indicators.
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