What is the technical trend for Sheetal Univer.?

Jun 09 2025 06:53 PM IST
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As of June 5, 2025, Sheetal Univer. shows a mildly bullish trend supported by a bullish weekly MACD, positive daily moving averages, and confirmation from Dow Theory, although caution is advised due to bearish RSI readings on both weekly and monthly time frames.
As of 5 June 2025, the technical trend for Sheetal Univer. has changed from bullish to mildly bullish. The weekly MACD remains bullish, indicating positive momentum, while the RSI is bearish on both the weekly and monthly time frames, suggesting weakening strength. Daily moving averages are bullish, supporting a positive short-term outlook. The Dow Theory confirms a bullish stance on both weekly and monthly charts, and the OBV is also bullish, indicating accumulation. However, the bearish RSI indicates caution. Overall, the current stance is mildly bullish, driven primarily by the weekly MACD, moving averages, and Dow Theory, despite the bearish RSI.
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