Is CARE Ratings technically bullish or bearish?
As of July 4, 2025, the market trend is bullish, supported by strong MACD, Bollinger Bands, KST, and OBV indicators, despite some overbought signals from the RSI.
As of 4 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both weekly and monthly time frames, and the Bollinger Bands also indicate bullishness in both time frames. The daily moving averages are bullish, reinforcing the positive trend. However, the RSI shows bearish signals on both weekly and monthly charts, which suggests some overbought conditions. The KST and OBV are bullish on both weekly and monthly time frames, further supporting the bullish outlook. Overall, while there are some mixed signals from the RSI, the prevailing trend is bullish, driven by strong MACD, Bollinger Bands, KST, and OBV indicators.
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