Is Saksoft technically bullish or bearish?

Jul 06 2025 08:03 AM IST
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As of July 4, 2025, Saksoft's trend is mildly bullish, supported by bullish Bollinger Bands and weekly MACD, but tempered by mixed signals from daily moving averages and RSI.
As of 4 July 2025, the technical trend for Saksoft has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by several key indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating mixed signals over different time frames. The Bollinger Bands are bullish on both weekly and monthly charts, supporting the upward momentum. The Dow Theory also reflects a mildly bullish stance on both weekly and monthly bases. However, the daily moving averages are mildly bearish, which introduces some caution. The weekly RSI is bearish, but the monthly RSI shows no signal, suggesting a lack of momentum in that time frame. Overall, the strength of the bullish trend is tempered by some conflicting signals, particularly in the daily moving averages and RSI.
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