Is Primech Holdings Ltd. technically bullish or bearish?
As of June 13, 2025, Primech Holdings Ltd. has a mildly bullish outlook, supported by bullish MACD and moving averages, despite some bearish signals from the RSI.
As of 13 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by several key indicators. The weekly MACD remains bullish, while the daily moving averages also indicate bullish momentum. However, the weekly and monthly RSI readings are bearish, suggesting some weakness in momentum. The Bollinger Bands are bullish on both weekly and monthly time frames, supporting the upward price movement. Dow Theory indicates a mildly bullish stance on both weekly and monthly levels, and the OBV shows a mildly bullish trend on a monthly basis. Overall, while there are some bearish signals from the RSI, the prevailing indicators suggest a mildly bullish outlook for Primech Holdings Ltd.
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