Is Delhivery technically bullish or bearish?
As of June 18, 2025, Delhivery's technical trend is mildly bullish, supported by the weekly MACD and monthly RSI, despite mixed signals from moving averages and Bollinger Bands.
As of 18 June 2025, the technical trend for Delhivery has changed from sideways to mildly bullish. The weekly MACD indicates a bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The weekly RSI shows no signal, but the monthly RSI is bullish, supporting the mildly bullish trend. Bollinger Bands are bullish on the weekly chart but mildly bearish on the monthly, indicating potential volatility. Daily moving averages are mildly bearish, which contrasts with the overall mildly bullish outlook. The KST is mildly bullish on the weekly, and the monthly Dow Theory shows a mildly bullish trend. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and monthly RSI, despite some bearish signals in the moving averages.
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