Is Prime Focus technically bullish or bearish?

Jul 14 2025 08:04 AM IST
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As of July 11, 2025, the market trend is bullish, supported by strong indicators like daily moving averages and weekly MACD, although caution is advised due to mildly bearish monthly MACD and KST signals.
As of 11 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The daily moving averages are bullish, and the weekly MACD and KST are also bullish. Additionally, the Bollinger Bands indicate a mildly bullish trend on the weekly chart and a bullish trend on the monthly chart. The Dow Theory shows a bullish stance on the monthly timeframe, while the OBV is bullish on both weekly and monthly charts. However, the monthly MACD and KST are mildly bearish, suggesting some caution. Overall, the strength of the bullish trend is reinforced by the positive returns over multiple time frames, particularly the 1M and 3Y returns significantly outpacing the Sensex.
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