Is Delhivery technically bullish or bearish?
As of June 23, 2025, the trend is mildly bullish, supported by weekly MACD and Bollinger Bands, despite some short-term bearish signals from daily moving averages.
As of 23 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and Bollinger Bands indicating bullish momentum, while the monthly indicators show a mix of mildly bearish signals. The RSI is bullish on the monthly timeframe, supporting the overall positive sentiment. However, daily moving averages are mildly bearish, suggesting some caution in the short term. The KST is mildly bullish on the weekly, and the monthly OBV is bullish, reinforcing the upward trend. Overall, while there are some bearish signals in the daily timeframe, the prevailing trend is mildly bullish.
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