Is VL E-Governance technically bullish or bearish?

Jul 05 2025 08:07 AM IST
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As of July 4, 2025, the market for VL E-Governance is mildly bearish, indicated by daily moving averages and Bollinger Bands, despite a mildly bullish MACD on the weekly timeframe, suggesting caution due to mixed signals.
As of 4 July 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish signal and the weekly Dow Theory also suggesting a mildly bearish outlook. Although the MACD on a weekly basis remains mildly bullish, the overall sentiment is tempered by the Bollinger Bands showing a mildly bearish condition on the monthly timeframe. The RSI lacks any significant signals across both weekly and monthly periods, indicating a lack of momentum. Overall, the mixed signals suggest caution in the current market environment for VL E-Governance.
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