Is Bombay Burmah technically bullish or bearish?
As of June 9, 2025, the trend is mildly bearish due to daily moving averages, despite mixed signals from weekly and monthly indicators, leading to overall weak bearish sentiment.
As of 9 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish outlook. While the weekly MACD and KST are mildly bullish, the monthly MACD and KST are mildly bearish, suggesting mixed signals across time frames. The Bollinger Bands show a bullish trend on the weekly but only mildly bullish on the monthly, adding to the uncertainty. Overall, the lack of strong signals from the RSI and Dow Theory indicates a weak bearish sentiment.
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