Is Niva Bupa Health technically bullish or bearish?

Jul 07 2025 08:05 AM IST
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As of July 4, 2025, the market trend is neutral with mixed signals; while the price is at 85.04, above the previous close of 81.92, indicators like the weekly MACD and OBV suggest caution due to selling pressure despite some short-term momentum.
As of 4 July 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD remains mildly bearish, while the Bollinger Bands indicate a bullish stance. The Dow Theory shows a mildly bullish trend on the weekly timeframe, but the overall monthly indicators do not suggest a clear direction. The RSI is neutral, and the OBV is bearish, indicating some selling pressure. Given the current price of 85.04, which is above the previous close of 81.92, there is short-term momentum, but the lack of a strong trend suggests caution.
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