Is Shoppers Stop technically bullish or bearish?
As of July 2, 2025, the market trend is mildly bearish with mixed signals from daily and weekly indicators, suggesting weak bearish sentiment in the short term but potential for recovery in the longer term.
As of 2 July 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum, while the weekly MACD and KST show mildly bullish signals. However, the monthly indicators, including MACD and KST, remain bearish. The RSI on the weekly timeframe shows no signal, and both Bollinger Bands and OBV are mildly bearish on the weekly and monthly charts. Overall, the mixed signals suggest a weak bearish sentiment in the short term, with some potential for recovery in the longer term.
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