Is Godavari Bioref. technically bullish or bearish?

Jul 04 2025 08:07 AM IST
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As of July 3, 2025, the technical trend is mildly bullish, supported by the weekly MACD and Bollinger Bands, despite bearish signals from the RSI and OBV on the weekly timeframe.
As of 3 July 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, while the Bollinger Bands also reflect a mildly bullish outlook. However, the weekly RSI is bearish, and the Dow Theory presents a mixed view with a mildly bearish stance on the weekly and mildly bullish on the monthly. The On-Balance Volume (OBV) shows a mildly bearish trend on the weekly but is mildly bullish on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the MACD and Bollinger Bands, despite some bearish signals from the RSI and OBV on the weekly timeframe.
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