Is Blue Dart Expres technically bullish or bearish?

Jul 08 2025 08:10 AM IST
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As of July 7, 2025, the technical trend is mildly bearish, with daily moving averages and monthly MACD indicating bearish sentiment, while mixed signals from weekly Bollinger Bands and RSI suggest caution due to potential volatility and underperformance against the broader market.
As of 7 July 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the monthly MACD showing a bearish outlook. The weekly Bollinger Bands are bullish, but the monthly signals are mildly bearish, creating a mixed picture. The RSI shows no signal on the weekly timeframe while being bullish on the monthly, indicating potential volatility. Overall, the indicators suggest a cautious approach as the stock is currently underperforming compared to the broader market over the longer term.
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