Is Raymond Lifestyl technically bullish or bearish?

Jul 10 2025 08:07 AM IST
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As of July 9, 2025, the trend has shifted to mildly bullish, supported by a bullish MACD and OBV, though daily moving averages remain mildly bearish, indicating mixed signals across time frames.
As of 9 July 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD indicating a bullish signal and the Bollinger Bands also showing bullish characteristics. The On-Balance Volume (OBV) supports this bullish outlook on both weekly and monthly time frames. However, the daily moving averages remain mildly bearish, which introduces some caution. Overall, the strength of the bullish signal is moderate, with mixed indicators across different time frames.
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