Is Wonder Electric. technically bullish or bearish?
As of July 15, 2025, Wonder Electric's technical trend has shifted to bearish, with key indicators like the MACD and RSI showing consistent bearish signals across weekly and monthly time frames, despite some mixed signals from Bollinger Bands and moving averages.
As of 15 July 2025, the technical trend for Wonder Electric has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators supporting this view. The MACD is mildly bearish on both weekly and monthly time frames, while the RSI indicates bearish conditions on both weekly and monthly as well. The Bollinger Bands show a bearish signal on the weekly and mildly bullish on the monthly, suggesting mixed signals. Moving averages are mildly bullish on the daily, but this is overshadowed by the overall bearish sentiment from the weekly indicators. Dow Theory also reflects a mildly bearish stance on the weekly, while remaining mildly bullish on the monthly. Overall, the strength of the bearish trend is reinforced by the negative returns over the past month and week compared to the Sensex.
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