What is the technical trend for Torrent Power?

Jun 09 2025 05:51 PM IST
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As of June 2, 2025, Torrent Power's technical trend is mildly bearish, indicated by bearish weekly moving averages and MACD, despite a bullish weekly KST signal.
As of 2 June 2025, the technical trend for Torrent Power has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the monthly MACD is mildly bearish, indicating a lack of strong upward momentum. The Bollinger Bands also reflect a mildly bearish stance on both weekly and monthly time frames. Daily moving averages are bearish, suggesting continued downward pressure in the short term. The KST shows a bullish signal on the weekly but is mildly bearish monthly, which adds some complexity to the outlook. The Dow Theory indicates a mildly bearish trend on the weekly, with no clear trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and the bearish MACD on the weekly.
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