Is Mallcom (India) technically bullish or bearish?

Jun 24 2025 08:10 AM IST
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As of June 23, 2025, Mallcom (India) shows a neutral technical stance with mixed signals, as the weekly MACD is mildly bullish while the monthly MACD is mildly bearish, and despite bullish Bollinger Bands, daily moving averages are mildly bearish, indicating uncertainty in the trend.
As of 23 June 2025, the technical trend for Mallcom (India) has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating divergence in momentum. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential upward movement. However, daily moving averages are mildly bearish, which adds to the uncertainty. The Dow Theory shows a mildly bullish stance on the monthly chart, but no trend on the weekly. Overall, the lack of strong signals from the RSI and OBV further supports a neutral outlook.
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