Is Apar Inds. technically bullish or bearish?
As of June 27, 2025, the trend is mildly bullish due to positive weekly MACD and Bollinger Bands, but caution is advised due to a bearish weekly RSI and mildly bearish daily moving averages.
As of 27 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, both indicating bullish momentum. However, the weekly RSI is bearish, which suggests some caution. The daily moving averages are mildly bearish, contrasting with the overall weekly indicators. The Dow Theory supports a mildly bullish outlook on both weekly and monthly time frames. Overall, the strength of the bullish signal is tempered by mixed indicators, particularly the bearish RSI and mildly bearish moving averages.
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