Is Garden Reach Sh. technically bullish or bearish?
As of July 9, 2025, the market trend is bullish, supported by strong MACD and moving averages, despite some mixed signals from KST and Dow Theory, with the current price at 2978.90, up from 2832.80.
As of 9 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the moving averages are bullish on the daily time frame. Bollinger Bands indicate a bullish trend on the weekly and a mildly bullish trend on the monthly. However, the KST shows a mildly bearish signal on the monthly, and Dow Theory indicates a mildly bearish stance on the weekly while remaining bullish on the monthly. Overall, the strength of the bullish trend is reinforced by the recent price movement, with the current price at 2978.90, up from the previous close of 2832.80.
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