Is Ruby Mills technically bullish or bearish?

Jul 07 2025 08:03 AM IST
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As of July 4, 2025, Ruby Mills shows a mildly bearish trend, influenced by daily moving averages and the monthly MACD, despite mixed signals from the MACD and KST across different time frames and bullish indications from Bollinger Bands.
As of 4 July 2025, the technical trend for Ruby Mills has changed from sideways to mildly bearish. The weekly MACD is bullish, but the monthly MACD is mildly bearish, indicating mixed signals across time frames. The daily moving averages are mildly bearish, reinforcing the current bearish stance. The weekly KST is bullish, while the monthly KST is mildly bearish, adding to the complexity of the trend. The Bollinger Bands show bullish signals on both weekly and monthly charts, suggesting potential upward movement. However, the Dow Theory indicates a mildly bearish stance on the weekly chart. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly MACD.
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