Is Bright Outdoor technically bullish or bearish?

Jul 04 2025 08:08 AM IST
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As of July 3, 2025, Bright Outdoor's trend has shifted to bullish, supported by positive indicators like the weekly MACD and moving averages, despite a bearish weekly RSI indicating short-term weakness.
As of 3 July 2025, the technical trend for Bright Outdoor has changed from mildly bullish to bullish. The current stance is bullish, driven by several key indicators. The weekly MACD is bullish, supporting the upward momentum, while the daily moving averages also indicate a bullish trend. Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the positive outlook. However, the weekly RSI is bearish, suggesting some short-term weakness. Overall, the strength of the bullish stance is supported by the positive price action, with today's high reaching 580.00, above the previous close of 555.55.
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