What is the technical trend for Suraj Industries?

Jun 09 2025 06:43 PM IST
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As of May 16, 2025, Suraj Industries shows a mildly bullish trend supported by daily moving averages and the weekly MACD, despite mixed signals from monthly indicators.
As of 16 May 2025, the technical trend for Suraj Industries has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the mildly bullish stance, while the monthly MACD is mildly bearish, indicating some caution. The daily moving averages are bullish, reinforcing the positive outlook in the short term. The Bollinger Bands are also mildly bullish on both weekly and monthly time frames. However, the weekly KST is bullish, while the monthly KST is bearish, suggesting mixed signals across different time frames. The Dow Theory indicates a mildly bearish stance on the weekly chart but is mildly bullish on the monthly chart. Overall, the current technical stance is mildly bullish, driven primarily by the daily moving averages and the weekly MACD, despite some bearish signals on the monthly indicators.
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