What is the technical trend for Panjon?

Jun 09 2025 06:43 PM IST
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As of June 2, 2025, Panjon's technical trend has shifted to bearish, supported by negative signals from the weekly MACD, Bollinger Bands, and moving averages across multiple timeframes.
As of 2 June 2025, the technical trend for Panjon has changed from mildly bearish to bearish. The weekly MACD is bearish, indicating a negative momentum shift, while the monthly MACD remains mildly bearish. Both the weekly and monthly Bollinger Bands confirm a bearish stance. Daily moving averages also reflect a bearish trend. The KST shows a mildly bearish signal on the weekly timeframe, and Dow Theory indicates a mildly bearish trend on the weekly but no trend on the monthly. Overall, the current technical stance is bearish with moderate strength, driven primarily by the bearish indicators across multiple timeframes.
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