What is the technical trend for Roopshri Resorts?

Jun 09 2025 06:34 PM IST
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As of June 3, 2025, the trend is mildly bullish due to daily moving averages, though caution is advised from the weekly MACD and RSI, while Bollinger Bands and Dow Theory support a positive outlook despite a neutral weekly OBV.
As of 3 June 2025, the technical trend has changed from does not qualify to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum. However, the weekly MACD is mildly bearish and the weekly RSI is bearish, suggesting some caution. The Bollinger Bands and Dow Theory are both bullish on the weekly and monthly time frames, which supports the overall positive outlook. Despite the recent performance, the weekly OBV shows no trend, indicating a lack of strong buying or selling pressure.
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