What is the technical trend for Veritas (India)?

Jun 09 2025 05:39 PM IST
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As of May 12, 2025, Veritas (India) shows a mildly bearish trend overall, with mixed signals from MACD and RSI, while Bollinger Bands and daily moving averages indicate bearishness.
As of 12 May 2025, the technical trend for Veritas (India) has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals. The RSI shows no signal on the weekly chart but is bullish on the monthly, indicating potential for upward movement over a longer time frame. However, Bollinger Bands are bearish on both weekly and monthly charts, and daily moving averages are bearish, reinforcing the overall mildly bearish outlook. The KST is mildly bullish weekly but mildly bearish monthly, and Dow Theory shows a mildly bullish trend weekly with no trend monthly. Overall, the current technical stance is mildly bearish, with key indicators being the mixed MACD readings and bearish Bollinger Bands.
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