What is the technical trend for Mitshi India?

Jun 09 2025 05:35 PM IST
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As of June 3, 2025, Mitshi India shows a mildly bearish trend due to daily moving averages and weekly Bollinger Bands indicating bearishness, despite some mildly bullish signals from the MACD and KST, with a significant 24.43% decline over the past year compared to a 7.51% gain in the Sensex.
As of 3 June 2025, the technical trend for Mitshi India has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the weekly Bollinger Bands also reflecting a mildly bearish outlook. While the weekly MACD and KST show mildly bullish signals, the overall monthly indicators remain bearish, suggesting a lack of strong upward momentum. The stock's performance has been underwhelming over the longer term, with a significant decline of 24.43% over the past year compared to a 7.51% gain in the Sensex, further supporting the bearish sentiment.
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