Is Bharat Electron technically bullish or bearish?
As of July 24, 2025, the trend is mildly bullish with supportive indicators like a bullish MACD and moving averages, but mixed signals from the KST and Dow Theory suggest caution.
As of 24 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on both weekly and monthly time-frames, and mildly bullish moving averages on the daily chart. Bollinger Bands indicate a bullish trend on the weekly and mildly bullish on the monthly. However, the KST shows a mildly bearish signal on the monthly, and Dow Theory indicates a mildly bearish stance on the weekly, which tempers the overall bullish outlook. The RSI shows no signal on both weekly and monthly time-frames, suggesting a lack of momentum. Overall, while there are bullish indicators, the presence of mixed signals suggests caution.
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