Is Allied Blenders technically bullish or bearish?

Jul 03 2025 08:09 AM IST
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As of July 2, 2025, the technical trend has shifted to bullish, supported by positive indicators like the weekly MACD and moving averages, although caution is advised due to a bearish weekly RSI.
As of 2 July 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish, supported by several key indicators. The weekly MACD is bullish, and the Bollinger Bands also indicate bullish momentum. Daily moving averages are bullish, reinforcing the positive trend. However, the weekly RSI is bearish, suggesting some caution in the short term. Overall, the strength of the bullish stance is supported by the KST and OBV, both of which are bullish on a weekly basis.
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