Is DCM Shriram Inds technically bullish or bearish?

Jul 04 2025 08:06 AM IST
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As of July 3, 2025, DCM Shriram Inds exhibits a mildly bearish trend due to bearish momentum from the weekly MACD and daily moving averages, despite some bullish signals from the monthly RSI and weekly Bollinger Bands.
As of 3 July 2025, the technical trend for DCM Shriram Inds has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the weekly MACD indicating bearish momentum and the daily moving averages also showing bearish signals. The monthly RSI is bullish, which contrasts with the overall bearish sentiment, while the weekly Bollinger Bands suggest bullish conditions. However, the KST and OBV indicators on a weekly basis are mildly bearish, reinforcing the cautious outlook. Overall, the mixed signals suggest a lack of strong bullish momentum, keeping the stance mildly bearish.
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