Is Orient Tech. technically bullish or bearish?
As of July 11, 2025, the market trend is mildly bearish, indicated by daily moving averages and recent price declines, despite a mildly bullish weekly MACD and Dow Theory suggesting some upward potential.
As of 11 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is bearish, with a mild strength indicated by the daily moving averages showing a bearish signal. The weekly MACD is mildly bullish, but this is offset by the bearish KST and the lack of a clear signal from the RSI. The overall trend is further supported by the recent price action, with the stock down 2.25% over the past week and 4.19% over the past month, underperforming the Sensex. The Dow Theory indicates a mildly bullish stance on the weekly timeframe, but the prevailing sentiment remains bearish due to the daily indicators.
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