Is GMR Urban technically bullish or bearish?

Jul 18 2025 08:08 AM IST
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As of July 17, 2025, GMR Urban's technical trend has shifted to mildly bearish, supported by bearish MACD readings and moving averages, despite some bullish signals from Bollinger Bands and OBV.
As of 17 July 2025, the technical trend for GMR Urban has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly and monthly MACD readings, both indicating a bearish sentiment. The daily moving averages also support this bearish outlook. Although the Bollinger Bands and OBV show bullish signals on the weekly and monthly time frames, they are outweighed by the overall bearish indicators. The Dow Theory reflects a mildly bearish trend on the monthly chart, further confirming the bearish stance.
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