Is Honda India technically bullish or bearish?

Jul 01 2025 08:12 AM IST
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As of June 30, 2025, the market trend is neutral with mixed signals; while the weekly MACD is bullish and Bollinger Bands suggest potential upward movement, the overall strength is weak due to conflicting indicators and a sideways movement.
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, while the monthly MACD is mildly bearish. The weekly RSI indicates bearish momentum, but the monthly RSI shows no signal. Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential upward movement. Daily moving averages are mildly bearish, which contrasts with the weekly and monthly Dow Theory readings that are mildly bullish. Overall, the strength of the trend is weak, reflecting the sideways movement and lack of a clear direction.
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