Is Waaree Energies technically bullish or bearish?
As of June 13, 2025, the market trend is neutral with a sideways movement, indicated by weak signals from the MACD, moving averages, and OBV, despite a mildly bullish sentiment from the Bollinger Bands.
As of 13 June 2025, the technical trend has changed from mildly bullish to sideways. The current stance is neutral, reflecting a lack of clear direction. The weekly MACD shows no signal, while the monthly indicators also lack definitive trends. The Bollinger Bands indicate a mildly bullish sentiment on the weekly timeframe, but the overall moving averages and the Dow Theory suggest a sideways movement. The On-Balance Volume (OBV) is mildly bearish on the weekly timeframe, further supporting the neutral outlook. Overall, the strength of the current stance is weak, with no strong bullish or bearish signals present.
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