Is Zapp Electric Vehicles Group Ltd. technically bullish or bearish?

Jun 25 2025 09:19 AM IST
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As of June 17, 2025, the market trend is mildly bearish due to daily moving averages indicating bearish momentum, despite some bullish signals from weekly indicators, suggesting caution in the current environment.
As of 17 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating bearish momentum. While the weekly MACD is mildly bullish and the RSI is bullish, the monthly indicators show bearish signals with the RSI and KST both bearish. Additionally, Bollinger Bands on the weekly and monthly time frames are also bearish to mildly bearish. The Dow Theory shows no trend on both weekly and monthly levels, indicating a lack of clear direction. Overall, the mixed signals suggest caution in the current market environment.
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