Is BF Utilities technically bullish or bearish?

Aug 25 2025 08:03 AM IST
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As of August 22, 2025, the technical trend is mildly bullish based on weekly indicators, despite mixed signals from monthly data and some daily bearishness.
As of 22 August 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, supported by bullish signals from the Bollinger Bands and the KST. However, the monthly MACD and KST are mildly bearish, which introduces some caution. The daily moving averages are mildly bearish, contrasting with the overall weekly indicators. The Dow Theory shows a mildly bullish trend on the weekly timeframe, while the monthly shows no trend. Overall, the current technical stance is mildly bullish, driven primarily by the weekly indicators, despite some mixed signals from the monthly data.
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