Is Spectrum Electr. technically bullish or bearish?

Jul 29 2025 08:13 AM IST
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As of July 28, 2025, the technical trend has shifted to mildly bearish, supported by Dow Theory, neutral RSI, and lack of bullish momentum in MACD and KST, indicating a cautious approach.
As of 28 July 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the weekly Dow Theory indicating a bearish outlook. The MACD and KST show no signals on both weekly and monthly time frames, further supporting the lack of bullish momentum. The RSI is also neutral with no signals present. Despite a recent price increase from the previous close, the overall technical indicators suggest a cautious approach.
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