Is SRM Contractors technically bullish or bearish?

Jul 04 2025 08:08 AM IST
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As of July 3, 2025, the market trend is bullish with strong indicators like a bullish weekly MACD and moving averages, though caution is advised due to a bearish weekly RSI.
As of 3 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and moving averages on the daily chart also indicate a bullish trend. Additionally, the KST and Dow Theory are both bullish on the weekly and monthly time frames. However, the weekly RSI is bearish, which suggests some caution. Overall, the strength of the bullish stance is reinforced by the positive performance metrics, including a 1-month return of 11.04% compared to the Sensex's 3.10%.
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