Is ASM Technologies technically bullish or bearish?

Jul 05 2025 08:05 AM IST
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As of July 4, 2025, the market trend has shifted to bullish, supported by strong MACD and Bollinger Bands indicators, although caution is advised due to a bearish monthly RSI and mildly bearish KST.
As of 4 July 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 bullish conditions on both time frames. The daily moving averages are bullish, reinforcing the positive outlook. However, the monthly RSI shows a bearish signal, and the KST is mildly bearish on a monthly basis, which suggests some caution. Overall, the strength of the bullish trend is supported by the recent price action, with a significant year-to-date return of 97.01%, outperforming the Sensex.
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