Is Jio Financial technically bullish or bearish?
As of June 20, 2025, the market trend is neutral with mixed signals: the weekly MACD is bullish, Bollinger Bands show a bullish weekly but bearish monthly, daily moving averages are mildly bearish, and the RSI indicates indecision, resulting in a moderate overall outlook.
As of 20 June 2025, the technical trend has changed from mildly bearish to sideways. The current stance is neutral with a mix of indicators. The weekly MACD is bullish, suggesting potential upward momentum, while the Bollinger Bands indicate a bullish signal on the weekly but a mildly bearish stance on the monthly. The daily moving averages are mildly bearish, which tempers the overall outlook. The Dow Theory shows a mildly bullish trend on both weekly and monthly time frames, indicating some underlying strength. However, the RSI shows no signal on both weekly and monthly charts, reflecting indecision. Overall, the strength of the current neutral stance is moderate, influenced by mixed signals across different indicators.
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