Is CARE Ratings technically bullish or bearish?

Jul 07 2025 08:04 AM IST
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As of July 4, 2025, CARE Ratings shows a bullish trend supported by strong indicators like MACD and Bollinger Bands, despite some caution from the RSI and a mildly bearish Dow Theory signal.
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, while Bollinger Bands also indicate a bullish trend. Daily moving averages confirm the bullish sentiment. However, the RSI shows bearish signals on both weekly and monthly charts, which suggests some caution. The KST and OBV are bullish on both time frames, reinforcing the overall bullish outlook. Despite the mildly bearish indication from Dow Theory on the weekly chart, the overall strength of the bullish indicators suggests a positive trend for CARE Ratings.
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