Is Jio Financial technically bullish or bearish?

Jun 15 2025 08:03 AM IST
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As of June 13, 2025, the technical trend is mildly bearish, indicated by daily moving averages and a weak price action, 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 a bearish outlook and the weekly OBV showing a mildly bearish trend. While the weekly MACD and Dow Theory are mildly bullish, the overall indicators suggest weakness in the current price action, especially with the stock trading below its previous close and near its recent low. The lack of strong signals from the RSI further supports a cautious view.
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