Is Virtuoso Optoel. technically bullish or bearish?

Jul 16 2025 08:09 AM IST
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As of July 15, 2025, the technical trend has shifted to a bearish stance with moderate strength, supported by bearish weekly MACD, daily moving averages, and a recent 3.87% decline over the past week, despite a 5.32% gain over the past month.
As of 15 July 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the weekly MACD being bearish, the weekly RSI showing no signal, and the daily moving averages indicating bearish momentum. Additionally, the weekly Bollinger Bands are bearish, reinforcing the negative outlook. The stock's recent performance shows a decline of 3.87% over the past week, contrasting with a 5.32% gain over the past month, suggesting short-term weakness. Overall, the bearish trend is supported by multiple indicators across different time frames.
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