Is BEML Land Assets technically bullish or bearish?

Jul 10 2025 08:07 AM IST
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As of July 9, 2025, the technical trend is mildly bearish due to daily moving averages and weekly OBV indicating bearish signals, despite some bullish indicators like the weekly MACD and Bollinger Bands, compounded by the stock's underperformance against the Sensex.
As of 9 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the weekly OBV also showing a mildly bearish signal. While the weekly MACD is mildly bullish and the Bollinger Bands on the weekly are bullish, these are offset by the overall bearish signals from the daily moving averages and the lack of strong momentum in the RSI across both weekly and monthly time frames. The stock has underperformed significantly compared to the Sensex over various periods, further supporting the bearish outlook.
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