Is Sharda Motor technically bullish or bearish?
As of July 8, 2025, Sharda Motor's trend is mildly bullish, supported by bullish weekly MACD and Bollinger Bands, but tempered by mixed signals from the monthly MACD, daily moving averages, and bearish weekly RSI.
As of 8 July 2025, the technical trend for Sharda Motor 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 shows a mildly bearish signal, indicating mixed momentum. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting price strength. The Dow Theory supports a mildly bullish outlook on both weekly and monthly charts. However, the daily moving averages are mildly bearish, which could indicate short-term weakness. The RSI is bearish on the weekly chart, adding to the mixed signals. Overall, the strength of the bullish stance is tempered by some bearish indicators, particularly in the short term.
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