What is the technical trend for Quality RO Indu.?
As of June 5, 2025, the technical trend is mildly bearish, supported by daily moving averages and a mildly bearish monthly MACD, despite mixed signals from the weekly MACD and Bollinger Bands indicating some support.
As of 5 June 2025, the technical trend has changed from sideways to mildly bearish. The weekly MACD is bullish, but the monthly MACD is mildly bearish, indicating mixed signals across time frames. The daily moving averages are mildly bearish, reinforcing the current bearish sentiment. The Bollinger Bands show a mildly bullish stance on both weekly and monthly charts, which adds some support. However, the lack of signals in the RSI and Dow Theory indicates uncertainty in the trend direction. Overall, the current technical stance is mildly bearish, with key indicators such as the daily moving averages and monthly MACD driving this view.
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