Is Delhivery technically bullish or bearish?

Oct 27 2025 08:10 AM IST
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As of October 24, 2025, Delhivery's trend is mildly bullish, supported by daily moving averages and a bullish OBV, though caution is advised due to mildly bearish weekly MACD and RSI indicators.
As of 24 October 2025, the technical trend for Delhivery has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by daily moving averages indicating mild bullishness and a bullish OBV on both weekly and monthly time frames. However, the weekly MACD and RSI are mildly bearish and bearish, respectively, suggesting some caution. The Bollinger Bands show mild bullishness on the weekly and bullishness on the monthly, providing some support to the overall mildly bullish outlook. Despite recent price action showing a decline from the previous close, the longer-term indicators suggest a potential for recovery.
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