Is Forbes Precision technically bullish or bearish?

Jul 07 2025 08:05 AM IST
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As of July 4, 2025, Forbes Precision's trend has shifted to mildly bearish, driven by daily moving averages and weekly Dow Theory, despite some mild bullish signals from the MACD and Bollinger Bands.
As of 4 July 2025, the technical trend for Forbes Precision has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating bearish momentum and a weekly Dow Theory showing a mildly bearish trend. While the MACD on a weekly basis is mildly bullish and Bollinger Bands also suggest mild bullishness, these are overshadowed by the bearish signals from the daily moving averages and the overall trend change. The RSI shows no signal, indicating a lack of strong momentum in either direction.
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