Is Foseco India technically bullish or bearish?

Jul 15 2025 08:10 AM IST
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As of 14 July 2025, the trend is mildly bullish due to daily moving averages and weekly Bollinger Bands, but caution is advised due to a bearish weekly RSI and mixed MACD signals.
As of 14 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum and the weekly Bollinger Bands also showing a mildly bullish signal. However, the weekly RSI is bearish, which suggests some weakness in momentum. The MACD on the weekly is bullish, but the monthly MACD is mildly bearish, indicating mixed signals across time frames. Overall, while there are bullish indicators, the presence of bearish signals in the weekly RSI and mixed MACD readings suggests caution in the mildly bullish outlook.
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