Is Gulf Oil Lubric. technically bullish or bearish?
As of July 4, 2025, the market trend is mildly bullish, supported by weekly MACD and Bollinger Bands, despite mixed monthly indicators and a recent price decline.
As of 4 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands indicating bullish momentum, while the monthly indicators show a mixed picture with mildly bearish signals in MACD and KST. The daily moving averages remain bullish, supporting the overall mildly bullish outlook. The Dow Theory also reflects a mildly bullish stance on both weekly and monthly time frames. Despite the recent price decline from the previous close, the stock has shown positive returns over the past week and month compared to the Sensex.
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