What is the technical trend for Polytex India?

Jun 09 2025 06:08 PM IST
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As of May 27, 2025, Polytex India exhibits a mildly bearish trend, with bearish indicators across multiple timeframes, including MACD, RSI, and moving averages.
As of 27 May 2025, the technical trend for Polytex India has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the monthly MACD shows a mildly bearish stance. The RSI indicates a bearish condition on the monthly timeframe, with no signal on the weekly. Bollinger Bands and KST both reflect bearish trends on both weekly and monthly charts. Moving averages on the daily timeframe are bearish, and the Dow Theory supports a mildly bearish outlook in both weekly and monthly contexts. Overall, the current technical stance is mildly bearish, driven primarily by the bearish indicators across multiple timeframes.
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