Is Zoomcar Holdings, Inc. technically bullish or bearish?

Jun 25 2025 09:24 AM IST
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As of June 11, 2025, Zoomcar Holdings, Inc. is in a bearish trend, supported by negative daily moving averages, bearish Bollinger Bands, and Dow Theory, despite some mildly bullish MACD signals on longer time frames.
As of 11 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Zoomcar Holdings, Inc. is bearish, with a weak strength indicated by several key factors. The daily moving averages are bearish, and both the weekly and monthly Bollinger Bands confirm a bearish outlook. Additionally, Dow Theory aligns with this bearish sentiment on both weekly and monthly time frames. Although the MACD shows mildly bullish signals on the weekly and monthly charts, the overall bearish indicators outweigh this. The stock has also experienced significant declines over various periods, further reinforcing the bearish stance.
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