Is Jubilant Food technically bullish or bearish?

Jul 20 2025 08:03 AM IST
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As of July 18, 2025, Jubilant Food's trend is mildly bullish with supportive signals from MACD and Bollinger Bands, but tempered by a mildly bearish outlook from Dow Theory and selling pressure indicated by OBV, suggesting caution.
As of 18 July 2025, the technical trend for Jubilant Food has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by bullish signals from the MACD and Bollinger Bands on both weekly and monthly time frames. However, the Dow Theory indicates a mildly bearish outlook on both weekly and monthly charts, which tempers the overall bullish sentiment. The daily moving averages also reflect a mildly bullish position. The RSI shows no significant signals, and the OBV is mildly bearish on the weekly chart, indicating some selling pressure. Overall, while there are bullish indicators, the presence of bearish signals from Dow Theory and OBV suggests caution.
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