Is GMR Urban technically bullish or bearish?
As of July 11, 2025, the market trend is mildly bearish, supported by bearish MACD readings and daily moving averages, despite some mixed signals from Bollinger Bands and Dow Theory.
As of 11 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a bearish outlook. The daily moving averages also confirm this bearish sentiment. Although the Bollinger Bands show a mildly bullish trend on the monthly timeframe, the overall indicators suggest weakness. The Dow Theory presents a mixed view with weekly readings being mildly bullish while monthly indicators are mildly bearish. The KST is bullish on the weekly timeframe, but the lack of strong signals from the RSI and the recent price action further support the bearish stance.
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