Is Sealmatic India technically bullish or bearish?
As of June 27, 2025, the trend is mildly bullish due to positive weekly MACD and moving averages, but caution is advised due to bearish signals from the RSI and Dow Theory.
As of 27 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and moving averages, which are both bullish. However, the weekly RSI indicates bearish momentum, suggesting some weakness in the trend. The Bollinger Bands are also mildly bullish on both weekly and monthly time frames, indicating potential for upward movement. The Dow Theory shows a mildly bearish signal on the weekly chart, adding a cautionary note. Overall, while there are bullish indicators, the presence of bearish signals in the RSI and Dow Theory suggests a cautious approach.
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