Is Bombay Super Hyb technically bullish or bearish?

Aug 09 2025 08:11 AM IST
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As of August 8, 2025, the trend is mildly bearish due to daily moving averages and Bollinger Bands indicating bearish momentum, despite some mildly bullish signals from the weekly MACD and OBV.
As of 8 August 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating bearish momentum and the Bollinger Bands showing a bearish signal on both weekly and monthly time frames. While the weekly MACD and OBV are mildly bullish, they are not strong enough to counteract the overall bearish indicators. The lack of clear signals from the RSI and Dow Theory further supports a neutral outlook in the absence of a definitive trend.
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