Is Diamond Power technically bullish or bearish?
As of 28 July 2025, the technical trend is mildly bullish, supported by daily moving averages and weekly MACD signals, despite some short-term weakness indicated by the weekly RSI and mixed views from Dow Theory.
As of 28 July 2025, the technical trend has changed from bullish to mildly bullish. The current technical stance is mildly bullish, driven by the daily moving averages indicating bullish momentum and the weekly MACD also showing bullish signals. However, the weekly RSI is bearish, suggesting some weakness in the short term. The Bollinger Bands are bullish on both weekly and monthly time frames, supporting the overall positive outlook. The Dow Theory presents a mixed view with a mildly bearish weekly stance but mildly bullish monthly signals. Overall, while there are some bearish indicators, the prevailing trend remains mildly bullish.
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