Is eMudhra technically bullish or bearish?

Jul 18 2025 08:08 AM IST
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As of July 17, 2025, eMudhra's technical trend is mildly bullish, supported by weekly MACD, Bollinger Bands, and Dow Theory indicators, despite mixed signals from monthly MACD and daily moving averages.
As of 17 July 2025, the technical trend for eMudhra has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, creating a mixed signal. The Bollinger Bands are bullish on both weekly and monthly time frames, supporting the bullish outlook. However, daily moving averages are mildly bearish, which adds some caution. The Dow Theory shows a mildly bullish trend on both weekly and monthly charts, and the On-Balance Volume is bullish, reinforcing the positive sentiment. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD, Bollinger Bands, and Dow Theory indicators.
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