Is DEE Development technically bullish or bearish?

Jul 29 2025 08:12 AM IST
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As of July 28, 2025, the trend is mildly bullish, supported by a bullish MACD and moving averages, but caution is advised due to recent price declines and underperformance compared to the Sensex.
As of 28 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and mildly bullish signals from Bollinger Bands and moving averages on the daily timeframe. The KST is also bullish on the weekly chart, while Dow Theory indicates a mildly bullish trend on both weekly and monthly timeframes. However, the RSI shows no signal on the weekly and monthly, and the OBV indicates no trend. Overall, the indicators suggest a cautious bullish outlook, but the recent price decline and underperformance compared to the Sensex may warrant attention.
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