Is Axtel Industries technically bullish or bearish?

Sep 07 2025 08:04 AM IST
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As of September 5, 2025, Axtel Industries shows a mildly bearish trend, supported by bearish MACD and KST indicators, despite some mildly bullish daily moving averages.
As of 5 September 2025, the technical trend for Axtel Industries has changed from sideways to mildly bearish. The weekly MACD is bearish, and the monthly MACD is mildly bearish, indicating a negative momentum. The Bollinger Bands on a monthly basis are also bearish, reinforcing the downward trend. The KST shows a mildly bearish stance on the weekly chart and bearish on the monthly. Although the daily moving averages are mildly bullish, this is overshadowed by the overall bearish indicators. The Dow Theory suggests a mildly bullish outlook on the weekly timeframe, but with no clear trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the MACD and KST indicators.
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