Is SMC Global Sec. technically bullish or bearish?

Jul 08 2025 08:13 AM IST
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As of July 7, 2025, the technical trend is sideways with mixed indicators, showing a mildly bullish weekly MACD and bearish weekly RSI, while recent price action reflects uncertainty despite strong returns compared to the Sensex.
As of 7 July 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed indicators influencing this view. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating conflicting signals. The weekly RSI is bearish, suggesting downward pressure, whereas the monthly RSI shows no signal. Moving averages on the daily timeframe are mildly bearish, adding to the cautious outlook. Bollinger Bands and Dow Theory both indicate a mildly bullish stance on the weekly and monthly charts, but the overall trend is sideways. The stock has shown strong returns over the past month and year compared to the Sensex, but the recent price action reflects uncertainty.
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