The 20-day SMA at 64,240 continues to act as dynamic support — price remains above it, reinforcing upside bias. Momentum at 52 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. MACD histogram prints positive, confirming the bullish impulse leg is intact. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.

No significant recent moving average crosses.

RSI at 52.3 is well within the neutral zone, showing balanced momentum without extreme conditions.

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.

Volume trend is balanced, showing no decisive edge for either buyers or sellers.

V-Shape Recovery / Double Bottom Formation

With price anchored above the 20-day moving average (1,842), the short-term trend channel favours continuation higher. The oscillator at 59 reflects sustained buying interest — bulls control the momentum channel. Momentum confirmation from MACD — the signal line crossover is bullish and the histogram continues to expand. Volume is running cold at 0.4x the norm. Without broader participation, the current directional bias is vulnerable.

No significant recent moving average crosses.

RSI at 59.5 is well within the neutral zone, showing balanced momentum without extreme conditions.

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.

Higher Highs and Higher Lows (Uptrend Structure)