What is the technical trend for Welspun Enterp?

Jun 09 2025 06:28 PM IST
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As of May 20, 2025, Welspun Enterp shows a mildly bearish trend overall, influenced by daily moving averages and monthly MACD, despite some mixed signals from weekly indicators like MACD and Bollinger Bands.
As of 20 May 2025, the technical trend for Welspun Enterp has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals. The daily moving averages are also mildly bearish, reinforcing the current trend. The Bollinger Bands show bullish conditions on both weekly and monthly time frames, which contrasts with the overall bearish sentiment. The KST is mildly bullish weekly but bearish monthly, and Dow Theory indicates a mildly bearish trend on the weekly chart with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly MACD.
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