Is Innova Captab technically bullish or bearish?

Jun 13 2025 08:07 AM IST
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As of June 12, 2025, the technical trend has shifted to strongly bullish, supported by positive indicators like a bullish weekly MACD, monthly RSI, and daily moving averages, despite Dow Theory suggesting a mildly bullish stance.
As of 12 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the monthly RSI is also bullish, indicating positive momentum. Daily moving averages are bullish, reinforcing the upward trend. Additionally, Bollinger Bands on the weekly chart are bullish, suggesting price strength. While the Dow Theory indicates a mildly bullish stance on both weekly and monthly time frames, the overall technical picture remains strongly bullish.
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