Is Orient Electric technically bullish or bearish?
As of July 4, 2025, the market trend has shifted to mildly bearish, influenced by bearish MACD signals on weekly and monthly charts, a bearish Bollinger Bands indication, and a mildly bearish OBV, despite some short-term strength in daily moving averages.
As of 4 July 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven primarily by bearish signals in the MACD on both weekly and monthly time frames, and a bearish indication from the Bollinger Bands on the monthly chart. The RSI is bearish on the weekly, while the daily moving averages show a mildly bullish trend, indicating some short-term strength. However, the overall outlook remains bearish due to the prevailing trends in the weekly and monthly indicators, alongside a mildly bearish OBV.
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