The Security is trading above the Rising Trendline indicating a positive trend whereas it is forming Higher High and Higher Low indicating strength in the upside move. Currently, the security is trading above the Fast(21) EMA and SLow (50) which indicates a positive trend.

The EMA's are trending upward which is one of the strong indications of a positive trend.

The DMI+ is trading above DMI- indicating a positive trend and ADX is trading above DI- indicating strength in the upward move.

RSI has given a breakout on the upside indicating a breakout on the long side.

HIGHER HIGH AND LOWER HIGH

Jul 16 2023