Is SRM Entertainment, Inc. technically bullish or bearish?

Jun 25 2025 09:21 AM IST
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As of June 17, 2025, the trend is bullish with supportive daily moving averages and a positive weekly MACD, but caution is advised due to bearish weekly and monthly RSI readings indicating potential overbought conditions.
As of 17 June 2025, the technical trend has changed from sideways to bullish. The current stance is bullish, driven by several key indicators. The daily moving averages are bullish, supporting the upward momentum. The weekly MACD is also bullish, indicating positive momentum in that time frame. However, the weekly and monthly RSI readings are bearish, suggesting some overbought conditions that could limit further gains. The Bollinger Bands show a mildly bullish trend on the weekly and a bullish trend on the monthly, reinforcing the overall bullish outlook. Dow Theory indicates a bullish stance on the monthly, while the weekly shows no trend, indicating mixed signals in shorter time frames. Overall, the strength of the bullish trend is moderate, but caution is advised due to the bearish RSI readings.
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