Is VL E-Governance technically bullish or bearish?

Jul 06 2025 08:05 AM IST
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As of July 4, 2025, the market trend has shifted to mildly bearish, supported by daily moving averages and Bollinger Bands, despite a mildly bullish MACD on the weekly chart and no momentum signals from the RSI.
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 trend and the weekly Dow Theory also reflecting a mildly bearish outlook. While the MACD on a weekly basis remains mildly bullish, the overall sentiment is tempered by the bearish signals from the daily moving averages and the Bollinger Bands showing a mildly bearish trend on the monthly timeframe. The RSI shows no signal on both weekly and monthly timeframes, indicating a lack of momentum.
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