What is the technical trend for My Mudra Fin.?

Jun 09 2025 06:58 PM IST
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As of June 3, 2025, the technical trend has shifted to mildly bearish, primarily due to bearish On-Balance Volume, despite a mildly bullish weekly MACD and Bollinger Bands.
As of 3 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The weekly MACD remains mildly bullish, while the weekly Bollinger Bands also indicate a mildly bullish stance. However, the On-Balance Volume (OBV) is bearish on both weekly and monthly time frames, suggesting selling pressure. The Dow Theory shows a mildly bullish trend on the weekly chart but no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish OBV and the trend change noted.
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