Is Finolex Cables technically bullish or bearish?

Jul 06 2025 08:03 AM IST
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As of July 4, 2025, Finolex Cables shows a mildly bearish trend due to daily moving averages, despite some mixed signals from weekly and monthly indicators, suggesting caution in the current market.
As of 4 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. While the weekly MACD and KST show mildly bullish signals, the monthly MACD and Bollinger Bands are bearish, suggesting weakness in the longer-term outlook. The RSI shows no signal in both weekly and monthly time frames, indicating a lack of momentum. Overall, the mixed signals across different indicators suggest caution in the current market environment for Finolex Cables.
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