What is the technical trend for Share?

Jun 09 2025 06:58 PM IST
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As of June 6, 2025, the technical trend is mildly bullish, supported by Bollinger Bands and Dow Theory, but caution is advised due to mixed signals from the MACD and RSI, along with recent price declines.
As of 6 June 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is mildly bearish, indicating some downward pressure, while the Bollinger Bands are bullish, suggesting potential upward movement. The Dow Theory shows a mildly bullish stance on the weekly timeframe, reinforcing the overall mildly bullish outlook. However, the absence of signals from the RSI and other indicators suggests caution. Current price action is below the previous close, and the stock has experienced a slight decline over the past week, despite a positive return over the past month. Overall, the technical stance is mildly bullish, but with mixed signals indicating potential volatility.
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