Is Netweb Technol. technically bullish or bearish?
As of August 1, 2025, the market trend has shifted to sideways, with mixed signals from indicators like a mildly bullish weekly MACD and bearish daily moving averages, indicating a lack of clear direction.
As of 1 August 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD remains mildly bullish, while the weekly RSI indicates bearish momentum. Daily moving averages are mildly bearish, contrasting with the weekly Bollinger Bands showing bullishness. The Dow Theory presents no trend on the weekly chart but is mildly bullish on the monthly chart. Overall, the strength of the indicators suggests a lack of clear direction, reinforcing the sideways trend.
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