Is Honasa Consumer technically bullish or bearish?
As of June 30, 2025, the market trend is neutral with mixed signals: the weekly MACD is bullish, the weekly RSI is bearish, daily moving averages are mildly bearish, and Bollinger Bands indicate a sideways monthly view, resulting in weak overall strength and no clear direction.
As of 30 June 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD is bullish, suggesting potential upward momentum, while the weekly RSI is bearish, indicating weakness. The daily moving averages are mildly bearish, reflecting short-term pressure. The Bollinger Bands on a weekly basis are mildly bullish, but the monthly view remains sideways. Dow Theory shows no trend on the weekly chart but is mildly bullish on the monthly. Overall, the strength of the current stance is weak, with no clear direction emerging from the indicators.
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