Is Honda India technically bullish or bearish?

Jul 06 2025 08:04 AM IST
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As of July 4, 2025, the market trend is neutral with mixed signals: the weekly MACD is bullish, the monthly MACD is mildly bearish, and while Bollinger Bands suggest potential upward movement, overall market strength remains weak, indicating uncertainty.
As of 4 July 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating conflicting momentum. The RSI shows bearish conditions on the weekly chart but no signal on the monthly, suggesting indecision. Bollinger Bands are bullish on both time frames, supporting potential upward movement. Daily moving averages are mildly bearish, which contrasts with the weekly KST being bullish. Dow Theory indicates a mildly bullish stance on the weekly but no trend on the monthly. Overall, the strength of the current stance is weak, reflecting uncertainty in the market.
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