Is Bright Outdoor technically bullish or bearish?

Jul 11 2025 08:05 AM IST
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As of July 10, 2025, Bright Outdoor's trend is bullish, supported by daily moving averages and weekly MACD signals, though caution is advised due to a bearish weekly RSI.
As of 10 July 2025, the technical trend for Bright Outdoor has changed from mildly bullish to bullish. The current stance is bullish, primarily driven by the daily moving averages indicating bullish momentum and a weekly MACD also showing bullish signals. However, the weekly RSI is bearish, which suggests some caution. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, supporting the overall bullish outlook. The Dow Theory indicates a mildly bullish trend on the weekly chart, further reinforcing the positive sentiment. Overall, the strength of the bullish stance is moderate, but the bearish RSI on the weekly time frame introduces a note of caution.
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