Is Bright Outdoor technically bullish or bearish?

Jul 05 2025 08:07 AM IST
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As of July 4, 2025, Bright Outdoor's technical trend is mildly bullish, supported by a bullish MACD and daily moving averages, despite a bearish RSI and no clear trend indicated by Dow Theory.
As of 4 July 2025, the technical trend for Bright Outdoor has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the RSI indicates a bearish stance. Bollinger Bands show a mildly bullish signal on both weekly and monthly time frames. Daily moving averages are bullish, supporting the mildly bullish outlook. However, Dow Theory indicates no trend on both weekly and monthly charts, which adds uncertainty. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and daily moving averages, despite the bearish RSI.
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