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 tempered by a mildly bearish outlook from Dow Theory and neutral RSI signals.
As of 13 June 2025, the technical trend for Azad Engineering has changed from bullish to mildly bullish. The weekly MACD remains bullish, indicating positive momentum, while the daily moving averages also support a bullish stance. However, the Dow Theory presents a mildly bearish outlook on the weekly timeframe, which tempers the overall bullish sentiment. The Bollinger Bands are mildly bullish on the weekly chart, suggesting a potential for upward movement, although the RSI shows no signal on both weekly and monthly charts. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and daily moving averages, despite some bearish signals from Dow Theory.
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