Is Amara Raja Ener. technically bullish or bearish?
As of June 30, 2025, the market trend is mildly bearish, influenced by daily moving averages and Bollinger Bands, with mixed signals from MACD and KST, while Dow Theory and OBV also suggest a weak bearish outlook.
As of 30 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the Bollinger Bands showing a mildly bearish signal on the weekly chart. The MACD is mildly bullish on the weekly timeframe but turns mildly bearish on the monthly, indicating mixed signals. The KST is also mildly bullish weekly, but the overall trend remains weak. The lack of clear trends in the Dow Theory and the OBV being mildly bearish further supports the bearish outlook.
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