Is SKF India technically bullish or bearish?

Jul 15 2025 08:09 AM IST
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As of 14 July 2025, SKF India shows a mildly bullish trend with daily moving averages indicating bullish momentum, but caution is advised due to a bearish weekly RSI and mildly bearish monthly MACD.
As of 14 July 2025, the technical trend for SKF India has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum and the weekly Bollinger Bands showing mildly bullish conditions. However, the weekly RSI is bearish, which suggests some weakness in the short term. The MACD on a weekly basis remains bullish, but the monthly MACD is mildly bearish, indicating mixed signals across time frames. Overall, while there are some bullish indicators, the presence of bearish signals in the RSI and monthly MACD suggests caution.
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