Is BGR Energy Sys. technically bullish or bearish?

Jul 04 2025 08:04 AM IST
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As of July 3, 2025, BGR Energy Sys. has a bullish trend with moderate strength, supported by positive monthly MACD and moving averages, though caution is advised due to mildly bearish signals from the weekly MACD and Dow Theory.
As of 3 July 2025, the technical trend for BGR Energy Sys. has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include the monthly MACD showing bullish momentum, daily moving averages indicating bullish conditions, and both weekly and monthly Bollinger Bands confirming a bullish trend. However, the weekly MACD and Dow Theory indicate mildly bearish signals, suggesting some caution in the short term. Overall, the strength of the bullish trend is supported by the positive returns over the past year and the company's performance relative to the Sensex.
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