Is Omaxe technically bullish or bearish?

Jul 02 2025 08:12 AM IST
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As of July 1, 2025, Omaxe's technical trend has shifted to mildly bearish, indicated by bearish daily moving averages and RSI, despite some bullish signals from the weekly MACD and Bollinger Bands.
As of 1 July 2025, the technical trend for Omaxe has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment, while the weekly RSI is also bearish. The monthly MACD is mildly bearish, suggesting a potential weakening of momentum. Although the weekly MACD and Bollinger Bands are bullish, they are not strong enough to counter the overall bearish indicators. The lack of a clear trend in both the Dow Theory and OBV further supports a cautious outlook.
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