What is the technical trend for Modern Engineer.?

Jun 09 2025 06:40 PM IST
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As of April 21, 2025, the stock's trend is mildly bearish, influenced by daily moving averages and monthly Bollinger Bands, despite some mildly bullish signals from the weekly MACD and KST, indicating caution due to overall volatility in the construction industry.
As of 21 April 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating a bearish trend and monthly Bollinger Bands showing a mildly bearish outlook. The weekly MACD and KST are mildly bullish, providing some counterbalance, but overall, the lack of strong signals from the RSI and the mixed signals from Dow Theory suggest caution. The stock has shown significant volatility with a 52-week high of 87.22 and a low of 22.46, reflecting its unstable performance in the construction industry.
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