Is Orient Electric technically bullish or bearish?
As of July 4, 2025, the market trend has shifted to mildly bearish due to bearish MACD signals and Bollinger Bands, despite some short-term strength indicated by 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 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 KST is bullish weekly but bearish monthly, and the OBV is mildly bearish weekly with no trend monthly. Overall, the mixed signals suggest a cautious outlook.
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