What is the technical trend for Rolcon Engg. Co.?

Jun 09 2025 06:43 PM IST
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As of June 2, 2025, Rolcon Engg. Co. shows a mildly bearish trend, with weekly indicators like the MACD and moving averages confirming this stance, while mixed signals from Bollinger Bands and a bullish KST add complexity to the overall analysis.
As of 2 June 2025, the technical trend for Rolcon Engg. Co. has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the monthly MACD is mildly bearish, indicating a lack of strong momentum. The daily moving averages also reflect a mildly bearish stance. Bollinger Bands show a mildly bearish trend on the weekly chart but are bullish on the monthly, suggesting mixed signals. The KST is bullish on the weekly timeframe, which adds some positive divergence. Overall, the Dow Theory indicates a mildly bearish trend on the weekly, with no trend on the monthly. The OBV is mildly bearish on the weekly, reinforcing the current stance. The overall technical stance is mildly bearish, with key indicators being the weekly MACD and moving averages.
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