The short-term moving average at 25,431 holds as support, keeping the 20-day trend channel intact for now. Momentum is overheated at 68. While trend can override oscillators, the statistical edge for fresh longs is diminished. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.

No significant recent moving average crosses.

RSI at 67.5 confirms strong buying momentum, with room to run before becoming extremely overbought.

MACD is expanding positively, highlighting that buyers are firmly in control of momentum.

Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.

Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.

V-Shape Recovery / Double Bottom Formation

The tape holds above the 20-day average (34,034), maintaining the positive short-term trend channel. RSI reading of 72 signals extended positioning. Watch for mean-reversion setups on any loss of momentum. The moving-average convergence divergence oscillator supports the bull case — histogram expanding above the zero line. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.

No significant recent moving average crosses.

RSI is extremely high at 72.2 (Overbought), indicating price is extended and a pullback is likely.

MACD is expanding positively, highlighting that buyers are firmly in control of momentum.

Price has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.

Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.

V-Shape Recovery / Double Bottom Formation

Buyers defend the 20-day SMA at 4,947 — the near-term trend structure remains intact. With RSI at 70, the risk/reward for new long entries deteriorates. Favour strategies that benefit from a pullback or consolidation. The moving-average convergence divergence oscillator supports the bull case — histogram expanding above the zero line. Volume registers below average — the move lacks broad participation and is susceptible to reversal.

No significant recent moving average crosses.

RSI at 69.8 confirms strong buying momentum, with room to run before becoming extremely overbought.

MACD is expanding positively, highlighting that buyers are firmly in control of momentum.

Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.

Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.

V-Shape Recovery / Double Bottom Formation