Is Shraddha Prime technically bullish or bearish?
As of July 9, 2025, the trend is bullish with moderate strength, supported by bullish MACD and moving averages, though caution is advised due to bearish signals from the monthly RSI and KST.
As of 9 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators supporting this include a bullish MACD on both weekly and monthly time frames, bullish daily moving averages, and a bullish Dow Theory on both weekly and monthly levels. However, the monthly RSI indicates bearish momentum, and the KST shows mild bearishness on both weekly and monthly charts, suggesting some caution. Overall, the bullish trend is reinforced by strong performance metrics, including a significant year-to-date return of 57.33% compared to the Sensex.
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