Is UPL technically bullish or bearish?
As of July 4, 2025, the market trend has shifted to bullish, supported by strong indicators like a bullish monthly MACD and positive returns, despite some mixed signals from weekly metrics.
As of 4 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The monthly MACD is bullish, and both the Bollinger Bands and OBV are bullish on both weekly and monthly time frames. Daily moving averages also confirm a bullish outlook. However, the weekly MACD and KST are mildly bearish, and Dow Theory shows a mixed signal with mildly bullish weekly and mildly bearish monthly indicators. Overall, the strength of the bullish trend is reinforced by the positive returns over various periods compared to the Sensex, particularly the year-to-date return of 35.65%.
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