Is Centrum Capital technically bullish or bearish?
As of July 3, 2025, the market trend is mildly bullish due to positive indicators like the weekly MACD and Bollinger Bands, though caution is advised due to conflicting daily moving averages and unclear RSI signals.
As of 3 July 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and Bollinger Bands indicating bullish momentum, alongside a mildly bullish KST and OBV. However, the daily moving averages are mildly bearish, which tempers the overall bullish sentiment. The lack of clear signals from the RSI on both weekly and monthly time frames suggests caution. Overall, the strength of the bullish trend is moderate, influenced by recent positive price action and a notable 1-week stock return of 12.64% compared to the Sensex.
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