Is Subros technically bullish or bearish?

Jul 06 2025 08:04 AM IST
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As of July 4, 2025, Subros shows a bullish technical trend supported by strong indicators like a bullish MACD and Bollinger Bands, although the weekly RSI indicates short-term weakness and mixed signals from other indicators.
As of 4 July 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Subros is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the Bollinger Bands also indicate a bullish trend on both time frames. Daily moving averages confirm a bullish stance as well. However, the weekly RSI is bearish, which suggests some short-term weakness, and the KST is bullish on the weekly but mildly bearish on the monthly, indicating mixed signals. Dow Theory shows a mildly bearish stance on the weekly but no trend on the monthly. Overall, the strength of the bullish trend is supported by the positive performance metrics, with significant returns over various periods compared to the Sensex.
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