Is Azad Engineering technically bullish or bearish?
As of June 13, 2025, Azad Engineering's technical trend is mildly bullish, supported by a bullish MACD and daily moving averages, although mixed signals from Dow Theory and RSI suggest caution.
As of 13 June 2025, the technical trend for Azad Engineering has changed from bullish to mildly bullish. The weekly MACD is bullish, supporting a positive outlook, while the daily moving averages also indicate a bullish stance. However, the Dow Theory presents a mildly bearish view on the weekly timeframe, which tempers the overall sentiment. The RSI shows no signal on both weekly and monthly charts, indicating a lack of momentum. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and daily moving averages, despite some mixed signals from other indicators.
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