Is SP Apparels technically bullish or bearish?
As of July 1, 2025, the market trend is neutral with mixed signals, showing a sideways movement despite some bullish indicators on the weekly charts, while daily moving averages lean bearish, suggesting a cautious approach.
As of 1 July 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating divergence in time frames. The Bollinger Bands show a mildly bullish stance on both weekly and monthly charts, suggesting some upward potential. However, daily moving averages are mildly bearish, which could weigh on short-term performance. The KST and OBV are bullish on a weekly basis but show no trend on a monthly basis. Overall, the lack of clear momentum and the sideways trend suggest a cautious approach.
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