What is the technical trend for Schaeffler India?

Jun 09 2025 06:19 PM IST
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As of June 5, 2025, Schaeffler India shows a bullish technical trend supported by strong weekly indicators like the MACD and Bollinger Bands, despite some caution from the monthly MACD.
As of 5 June 2025, the technical trend for Schaeffler India has changed from mildly bullish to bullish. The weekly MACD is bullish, supporting the positive trend, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the upward momentum. Daily moving averages are also bullish, suggesting a strong short-term trend. The KST is bullish weekly but mildly bearish monthly, and Dow Theory shows a mildly bullish stance on both weekly and monthly charts. Overall, the current technical stance is bullish with strong indicators from the weekly MACD, Bollinger Bands, and OBV.
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