Is Kirl. Ferrous technically bullish or bearish?

Jul 02 2025 08:11 AM IST
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As of July 1, 2025, the market trend is mildly bearish, indicated by mixed signals from MACD, RSI, and moving averages, suggesting caution due to the lack of a clear trend.
As of 1 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a monthly basis is mildly bearish, while the weekly MACD remains bullish, indicating mixed signals. The RSI shows bearish momentum on the weekly chart, and the daily moving averages are also mildly bearish. Bollinger Bands reflect a mildly bullish stance on the weekly but bearish on the monthly, further contributing to the mixed outlook. Overall, the lack of a clear trend in Dow Theory and the absence of significant trends in OBV suggest caution in the current market environment.
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