Is Roadzen, Inc. technically bullish or bearish?
As of May 16, 2025, the trend is mildly bearish due to daily moving averages and weekly KST indicating bearish sentiment, despite some underlying strength from weekly and monthly MACD readings.
As of 16 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the weekly KST remaining bearish. However, the weekly and monthly MACD readings are mildly bullish, suggesting some underlying strength. The Bollinger Bands also reflect a mildly bearish outlook on both weekly and monthly time frames. Overall, while there are some bullish indicators, the prevailing sentiment remains mildly bearish.
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