Is Bikaji Foods technically bullish or bearish?

Jul 17 2025 08:08 AM IST
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As of July 16, 2025, Bikaji Foods shows a mildly bullish trend primarily due to a bullish MACD and Bollinger Bands on the weekly timeframe, despite some bearish signals from daily moving averages and On-Balance Volume.
As of 16 July 2025, the technical trend for Bikaji Foods has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are also indicating bullish momentum. However, the daily moving averages are mildly bearish, and the On-Balance Volume (OBV) is showing a mildly bearish stance on the weekly timeframe. The Relative Strength Index (RSI) shows no signal on both weekly and monthly timeframes, and Dow Theory indicates no trend in either timeframe. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and Bollinger Bands on the weekly timeframe.
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