Is Ador Welding technically bullish or bearish?

Oct 29 2025 08:19 AM IST
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As of 28 October 2025, the trend is bullish with strong daily indicators, but caution is advised due to mixed signals from monthly data.
As of 28 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the daily moving averages and weekly MACD, both signaling upward momentum. The weekly Bollinger Bands also support this bullish outlook. However, the monthly MACD and KST remain bearish, indicating some caution in the longer time frame. The Dow Theory shows a mildly bullish stance on both weekly and monthly charts, while the On-Balance Volume is bullish across both time frames. Overall, the strength of the bullish trend is supported by daily indicators, but caution is warranted due to mixed signals in the monthly data.
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