Is Rico Auto Inds technically bullish or bearish?
As of 26 August 2025, the trend has shifted to mildly bullish due to daily moving averages and weekly MACD indicating bullish momentum, although mixed signals from longer time frames temper this outlook.
As of 26 August 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum and the weekly MACD also showing a bullish signal. The Bollinger Bands on a weekly basis support this mildly bullish outlook, despite the monthly indicators like MACD and KST being bearish. The Dow Theory reflects a mildly bullish stance on the weekly chart, while the monthly shows no trend. Overall, the strength of the bullish signal is tempered by mixed signals in the longer time frames.
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