Is Redington technically bullish or bearish?

Jul 29 2025 08:07 AM IST
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As of July 28, 2025, the trend is mildly bullish due to positive daily moving averages and Bollinger Bands, but caution is advised as the weekly MACD and Dow Theory show mildly bearish signals.
As of 28 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating mild bullishness and the Bollinger Bands showing a mildly bullish signal on both weekly and monthly time frames. However, the weekly MACD is mildly bearish and Dow Theory indicates a mildly bearish stance, suggesting some caution. Overall, while there are positive indicators, the mixed signals imply a moderate bullish outlook rather than a strong one.
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