Is Power Grid Corpn technically bullish or bearish?
As of June 30, 2025, the market trend is sideways with mixed signals; while weekly indicators like the MACD and Bollinger Bands suggest mild bullishness, daily moving averages and monthly signals indicate caution, warranting a careful approach.
As of 30 June 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 is mildly bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential upward movement. However, daily moving averages are mildly bearish, and the KST shows a bullish weekly signal but a bearish monthly signal. The Dow Theory indicates a mildly bullish stance on both weekly and monthly charts. Overall, the lack of strong directional signals in the RSI and OBV, along with the sideways trend, suggests a cautious approach is warranted.
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