Is SRM Contractors technically bullish or bearish?

Jul 02 2025 08:18 AM IST
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As of July 1, 2025, SRM Contractors exhibits a mildly bullish trend supported by bullish weekly MACD and moving averages, despite a bearish RSI and no clear trend per Dow Theory.
As of 1 July 2025, the technical trend for SRM Contractors has changed from bullish to mildly bullish. The weekly MACD remains bullish, supporting a positive outlook, while the weekly RSI is bearish, indicating some weakness. Daily moving averages are bullish, reinforcing the mildly bullish stance. The KST and OBV are both bullish on a weekly basis, suggesting underlying strength. However, Dow Theory shows no trend on both weekly and monthly time frames, indicating uncertainty. Overall, the current technical stance is mildly bullish, driven by the bullish moving averages and MACD, despite the bearish RSI.
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