Is Jio Financial technically bullish or bearish?
As of June 13, 2025, the market trend is mildly bearish due to daily moving averages and Bollinger Bands indicating bearish momentum, despite some mildly bullish signals from the weekly MACD and Dow Theory.
As of 13 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and a mildly bearish outlook from the Bollinger Bands on the monthly timeframe. Although the weekly MACD and Dow Theory show mildly bullish signals, the overall sentiment is tempered by the daily indicators and the recent price action, with the stock trading below its previous close and near its recent low. The lack of strong signals from the RSI and OBV further supports a cautious bearish outlook.
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