Is Jubilant Food technically bullish or bearish?

Jul 08 2025 08:07 AM IST
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As of July 7, 2025, Jubilant Food's trend is mildly bullish with supportive indicators, but mixed signals from Dow Theory and a lack of momentum in the RSI suggest a cautious approach.
As of 7 July 2025, the technical trend for Jubilant Food has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on both weekly and monthly time frames, and mildly bullish readings in Bollinger Bands and moving averages on the daily time frame. However, the Dow Theory indicates a mildly bullish signal on the weekly but a mildly bearish signal on the monthly, suggesting some caution. The RSI shows no signal on both weekly and monthly time frames, indicating a lack of momentum. Overall, while the indicators lean towards a mildly bullish outlook, the mixed signals from Dow Theory and the absence of momentum in RSI suggest a cautious approach.
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