Is Rail Vikas technically bullish or bearish?
As of June 24, 2025, the market trend is mildly bearish, influenced by daily moving averages and weekly RSI, despite some bullish signals from the MACD and Bollinger Bands.
As of 24 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the weekly RSI showing bearish momentum. Although the weekly MACD is mildly bullish and the Bollinger Bands are bullish, these are overshadowed by the overall bearish signals from the daily indicators. The lack of a clear trend in Dow Theory further supports a cautious stance.
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