What is the technical trend for Praj Industries?

Jun 09 2025 05:44 PM IST
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As of May 19, 2025, Praj Industries shows a mildly bearish technical trend, with weekly indicators like the MACD being mildly bullish, but monthly indicators and moving averages suggesting a bearish stance overall.
As of 19 May 2025, the technical trend for Praj Industries has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD and moving averages indicate a mildly bearish stance. The Bollinger Bands and KST also reflect a mildly bearish trend on both weekly and monthly time frames. The Dow Theory supports a mildly bullish outlook on the weekly chart but remains mildly bearish on the monthly. Overall, the current technical stance is mildly bearish, with key indicators such as the monthly MACD and moving averages driving this assessment.
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