Is Honda India technically bullish or bearish?
As of July 11, 2025, the trend is mildly bullish due to positive signals from MACD, Bollinger Bands, and OBV on weekly and monthly timeframes, though caution is advised due to mixed indicators, including a bearish RSI on the weekly and mildly bearish monthly MACD and KST.
As of 11 July 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and bullish signals from Bollinger Bands and On-Balance Volume (OBV) on both weekly and monthly timeframes. However, the monthly MACD and KST indicators are mildly bearish, which tempers the overall bullish sentiment. The daily moving averages indicate a mildly bearish trend, contrasting with the weekly Dow Theory, which remains mildly bullish. The RSI on the weekly is bearish, suggesting some caution. Overall, the strength of the bullish stance is moderate, influenced by mixed signals across different timeframes.
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