Is Delhivery technically bullish or bearish?

Jun 15 2025 08:04 AM IST
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As of June 13, 2025, Delhivery's technical trend is mildly bullish, supported by the weekly MACD, KST, and Dow Theory, despite mixed signals from the monthly indicators.
As of 13 June 2025, the technical trend for Delhivery has changed from sideways to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The weekly RSI shows no signal, but the monthly RSI is bullish, supporting the mildly bullish stance. Bollinger Bands reflect a mildly bullish trend on the weekly chart and mildly bearish on the monthly chart. Daily moving averages indicate a mildly bearish position, contrasting with the weekly KST, which is mildly bullish. Dow Theory supports a mildly bullish outlook on both weekly and monthly charts, and the OBV is bullish across both time frames. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD, KST, and Dow Theory indicators.
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