Is BEML Ltd technically bullish or bearish?

Jun 13 2025 08:05 AM IST
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As of June 12, 2025, BEML Ltd's technical trend is neutral with mixed signals, showing a mildly bullish weekly MACD and Bollinger Bands, but a mildly bearish monthly MACD and daily moving averages, indicating market indecision.
As of 12 June 2025, the technical trend for BEML Ltd has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. The Bollinger Bands show a mildly bullish trend on both weekly and monthly charts, suggesting some upward potential. However, the daily moving averages are mildly bearish, which adds to the uncertainty. The KST is bullish weekly but mildly bearish monthly, and the Dow Theory indicates no trend on the weekly chart but is mildly bullish monthly. Overall, the lack of strong signals from the RSI and OBV further supports a neutral stance, reflecting indecision in the market.
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