What is the technical trend for Varun Beverages?

Jun 09 2025 06:23 PM IST
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As of June 3, 2025, Varun Beverages shows a bearish trend, supported by bearish signals from the MACD, moving averages, and On-Balance Volume across weekly and monthly periods.
As of 3 June 2025, the technical trend for Varun Beverages has changed from mildly bearish to bearish. The weekly MACD indicates a bearish stance, while the daily moving averages also confirm a bearish outlook. The Bollinger Bands and Dow Theory both reflect a mildly bearish sentiment on the weekly and monthly time frames. The On-Balance Volume (OBV) is bearish across both weekly and monthly periods, further supporting the bearish trend. Overall, the current technical stance is bearish with a moderate strength, driven primarily by the bearish signals from MACD, moving averages, and OBV.
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