Is SKF India technically bullish or bearish?
As of July 21, 2025, the trend is mildly bullish due to positive daily moving averages and a bullish weekly MACD, but caution is advised due to a bearish weekly RSI and mixed signals from Dow Theory.
As of 21 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum and the weekly MACD being bullish. However, the weekly RSI is bearish, suggesting some weakness in momentum. The Bollinger Bands are showing mildly bullish on the weekly and bullish on the monthly, which supports the overall positive outlook. The Dow Theory presents a mixed view with mildly bearish weekly signals and mildly bullish monthly signals. Overall, while there are positive indicators, the presence of bearish signals in the RSI and KST suggests caution.
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