Is Bombay Burmah technically bullish or bearish?

Jun 10 2025 08:14 AM IST
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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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