Is Silver Touch technically bullish or bearish?

Jul 09 2025 08:09 AM IST
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As of July 8, 2025, the market trend is bullish with moderate strength, supported by strong weekly indicators like a bullish MACD and Bollinger Bands, though caution is advised due to mixed monthly signals.
As of 8 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly time frames, and a bullish moving average on the daily chart. However, the monthly MACD and RSI show bearish signals, indicating some caution. The Dow Theory reflects a mildly bullish stance on the weekly chart, while the OBV shows a mildly bullish trend on the monthly. Overall, the bullish trend is supported by strong weekly indicators despite some mixed signals on the monthly time frame.
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