Is Srivaru Holding Ltd. technically bullish or bearish?

As of 5 June 2025, the technical trend for Srivaru Holding Ltd. has changed from sideways to mildly bearish. The current stance is bearish, with key indicators supporting this view. The daily moving averages are bearish, and the weekly KST is also bearish. Although the MACD shows a mildly bullish trend on both weekly and monthly time frames, the overall sentiment is dampened by the bearish signals from Bollinger Bands and Dow Theory, which indicate a lack of upward momentum. The RSI on the weekly shows no signal, while the monthly RSI is bullish, but this is overshadowed by the significant declines in stock performance compared to the S&P 500 over various periods. Overall, the strength of the bearish stance is moderate, driven primarily by the daily moving averages and the bearish signals from Bollinger Bands and Dow Theory.