Is BEML Ltd technically bullish or bearish?

Jul 02 2025 08:12 AM IST
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As of July 1, 2025, BEML Ltd's technical trend is mildly bullish, supported by a bullish weekly MACD and moving averages, despite mixed signals from monthly indicators.
As of 1 July 2025, the technical trend for BEML Ltd has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The Bollinger Bands are bullish on the weekly and mildly bullish on the monthly, supporting a positive outlook. Daily moving averages are bullish, reinforcing the mildly bullish stance. However, the KST shows a similar divergence with a bullish weekly reading and a mildly bearish monthly reading. The RSI shows no signals on both time frames, and Dow Theory indicates no trend. Overall, the current technical stance is mildly bullish, driven primarily by the bullish weekly MACD and moving averages, despite some bearish signals on the monthly indicators.
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