Is Credo Brands technically bullish or bearish?
As of July 1, 2025, the market trend has shifted to mildly bearish, indicated by daily moving averages and weekly RSI, despite a bullish weekly MACD.
As of 1 July 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend and the weekly RSI showing bearish momentum. While the weekly MACD remains bullish, the overall picture is tempered by the bearish signals from the RSI and OBV on the weekly timeframe. Dow Theory also supports a mildly bearish stance on the weekly chart.
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