Is Basilic Fly Stud technically bullish or bearish?

Jul 20 2025 08:06 AM IST
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As of July 18, 2025, Basilic Fly Stud's trend is mildly bullish, supported by a bullish MACD and moving averages, but tempered by bearish momentum in the RSI, indicating a cautious outlook.
As of 18 July 2025, the technical trend for Basilic Fly Stud has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly timeframe and mildly bullish moving averages on the daily timeframe. However, the weekly RSI indicates bearish momentum, which tempers the overall bullish outlook. Bollinger Bands are also showing a mildly bullish signal on the weekly and bullish on the monthly. Dow Theory suggests a mildly bullish stance on the monthly, while the weekly shows no trend. Overall, while there are bullish indicators, the presence of bearish signals in the RSI suggests caution.
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