Is UTI AMC technically bullish or bearish?

Jul 05 2025 08:07 AM IST
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As of July 4, 2025, the market trend has shifted to bullish, supported by strong indicators like the weekly MACD and moving averages, although caution is advised due to mildly bearish monthly indicators.
As of 4 July 2025, the technical trend has changed from sideways to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages also indicate a bullish trend. Additionally, the weekly Bollinger Bands are bullish, and the On-Balance Volume (OBV) is bullish as well. However, the monthly MACD and KST are mildly bearish, suggesting some caution. Overall, the strength of the bullish trend is reinforced by recent performance, with a 1-week return of 2.34% compared to a -0.74% return for the Sensex.
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