Is Shoppers Stop technically bullish or bearish?
As of July 4, 2025, the market trend has shifted to a bearish stance, supported by daily moving averages and Bollinger Bands, despite some mixed signals from weekly and monthly indicators.
As of 4 July 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The daily moving averages indicate a bearish trend, while the weekly MACD shows a mildly bullish signal, which contrasts with the monthly MACD being bearish. The RSI on the monthly timeframe is bullish, but the weekly RSI shows no signal. Bollinger Bands are bearish on the weekly and mildly bearish on the monthly. Overall, the indicators suggest a bearish outlook, particularly influenced by the daily moving averages and the overall trend change.
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