Is Balu Forge technically bullish or bearish?
As of November 6, 2025, Balu Forge's technical trend has shifted to a neutral stance with a bearish inclination, indicated by a bearish MACD, Bollinger Bands, and KST across multiple time frames, suggesting a lack of strong bullish momentum.
As of 6 November 2025, the technical trend for Balu Forge has changed from mildly bullish to sideways. The current stance is neutral with a bearish inclination. Key indicators include a bearish MACD on the weekly chart and a mildly bearish reading on the monthly chart. The Bollinger Bands show a bearish signal on the weekly, while moving averages indicate a mildly bullish trend on the daily. The KST is mildly bearish on both weekly and monthly time frames, and Dow Theory reflects a mildly bullish stance on the weekly but no trend on the monthly. Overall, the combination of these indicators suggests a lack of strong bullish momentum, leaning towards a bearish outlook.
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