Is Rishabh Instrum. technically bullish or bearish?
As of June 12, 2025, the market trend is mildly bullish, supported by weekly MACD and KST indicators, despite daily moving averages showing a mildly bearish signal, indicating mixed momentum.
As of 12 June 2025, the technical trend has changed from sideways to mildly bullish. The current technical stance is mildly bullish, supported by the weekly MACD and KST indicators, both indicating bullish momentum. The Dow Theory also reflects a mildly bullish outlook on the weekly and monthly time frames. However, the daily moving averages show a mildly bearish signal, which tempers the overall bullish sentiment. The Bollinger Bands indicate a bullish stance on the weekly but are mildly bearish on the monthly, suggesting some volatility. Overall, the strength of the bullish trend is moderate, influenced by the mixed signals from different indicators.
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