Is Amal technically bullish or bearish?
As of June 30, 2025, the trend is bullish with strong indicators like a bullish MACD and Bollinger Bands, though mixed signals from the monthly RSI and KST suggest caution.
As of 30 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend in both time frames. The daily moving averages reinforce this bullish sentiment. However, the monthly RSI shows a bearish signal, and the KST is bearish on the weekly but bullish on the monthly, indicating some mixed signals. Dow Theory suggests a mildly bullish stance on the weekly but mildly bearish on the monthly. Overall, the strength of the bullish trend is supported by the recent price action, with a significant return compared to the Sensex over multiple periods.
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