What is the technical trend for Roni Households?

Jun 09 2025 06:41 PM IST
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As of June 6, 2025, Roni Households shows a mildly bullish trend supported by positive indicators like MACD and Bollinger Bands, despite short-term weakness with a current price of 49.69 below the previous close of 52.30.
As of 6 June 2025, the technical trend for Roni Households has changed from bullish to mildly bullish. The weekly MACD, Bollinger Bands, and KST indicators are all bullish, supporting the mildly bullish stance. The daily moving averages also indicate bullish momentum. However, the RSI shows no signal on both weekly and monthly time frames, suggesting a lack of strong momentum. Dow Theory confirms a mildly bullish outlook on both weekly and monthly charts. The current price of 49.69 is below the previous close of 52.30, indicating some short-term weakness, but the overall technical indicators suggest a cautious bullish sentiment.
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