What is the technical trend for Prashant India?

Jun 09 2025 06:34 PM IST
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As of May 7, 2025, Prashant India shows a mildly bearish trend overall, with mixed signals from indicators like the weekly MACD being bullish and the daily moving averages indicating short-term weakness, despite a strong 1-month return of 16.27%.
As of 7 May 2025, the technical trend for Prashant India has changed from bearish to mildly bearish. The weekly MACD is bullish, while the monthly MACD indicates a mildly bearish stance. The daily moving averages are also mildly bearish, suggesting short-term weakness. The weekly KST is bearish, and the monthly KST is mildly bearish, reinforcing the overall cautious outlook. However, Dow Theory shows a mildly bullish trend on both weekly and monthly time frames, indicating some underlying strength. The stock has performed well in the short term, with a 1-month return of 16.27% compared to the Sensex's 3.76%. Overall, the current technical stance is mildly bearish, with mixed signals from various indicators.
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