Is Bajel Projects technically bullish or bearish?

Jul 07 2025 08:05 AM IST
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As of July 4, 2025, the trend has shifted to mildly bullish, supported by a bullish MACD and Dow Theory signals, although daily moving averages suggest short-term caution and the RSI shows no momentum confirmation.
As of 4 July 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly chart and a mildly bullish signal from Dow Theory on both weekly and monthly time frames. The Bollinger Bands indicate a bullish trend on the weekly chart, while the daily moving averages remain mildly bearish, suggesting some short-term caution. The RSI shows no signal on both weekly and monthly charts, indicating a lack of momentum confirmation. Overall, the strength of the bullish stance is moderate, influenced by the recent price action and trend changes.
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