What is the technical trend for Uday Jewellery?

Jun 09 2025 06:37 PM IST
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As of May 29, 2025, Uday Jewellery's technical trend is mildly bearish, with mixed signals from MACD and RSI indicators, suggesting a lack of strong direction despite some volatility.
As of 29 May 2025, the technical trend for Uday Jewellery has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals. The RSI on the weekly timeframe is bearish, while the monthly shows no signal, further supporting the bearish outlook. Daily moving averages are also mildly bearish. Bollinger Bands reflect a mildly bullish trend weekly but bearish monthly, indicating volatility without strong direction. Overall, the current technical stance is mildly bearish, driven primarily by the bearish RSI and daily moving averages.
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