Is Supreme Petroch. technically bullish or bearish?

Jul 02 2025 08:15 AM IST
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As of July 1, 2025, the market trend is mildly bullish, supported by daily moving averages and a bullish weekly MACD, though caution is advised due to mixed signals from the monthly MACD and other indicators.
As of 1 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating bullish momentum. The weekly MACD is also bullish, while the monthly MACD shows a mildly bearish signal, suggesting some divergence in longer time frames. Bollinger Bands are mildly bullish on both weekly and monthly charts, indicating potential upward movement. However, the lack of clear signals from the RSI and the absence of trends in Dow Theory and OBV suggest caution. Overall, the strength of the bullish stance is moderate, influenced primarily by daily moving averages and weekly MACD.
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