What is the technical trend for Silgo Retail?

Jun 09 2025 06:32 PM IST
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As of May 27, 2025, Silgo Retail's technical trend is mildly bullish, supported by a bullish MACD, moving averages, and Bollinger Bands, though caution is advised due to mixed signals from the Dow Theory and RSI.
As of 27 May 2025, the technical trend for Silgo Retail has changed from bullish to mildly bullish. The weekly MACD remains bullish, supporting a positive outlook, while the daily moving averages also indicate a bullish stance. The Bollinger Bands on both weekly and monthly time frames show a mildly bullish trend, aligning with the overall sentiment. The KST is bullish on both weekly and monthly charts, further reinforcing the mildly bullish position. However, the Dow Theory indicates a mildly bullish trend on the weekly but no trend on the monthly, suggesting some caution. The RSI shows no signal on both time frames, indicating a lack of momentum. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and moving averages, alongside the mildly bullish Bollinger Bands.
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