Is Birlasoft Ltd technically bullish or bearish?
As of October 23, 2025, the market trend is mildly bearish, indicated by mixed signals from key indicators like the MACD, Bollinger Bands, and KST, despite some signs of potential recovery.
As of 23 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The weekly MACD is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The Bollinger Bands and moving averages on the weekly and daily time frames are also mildly bearish. The KST is bearish on both weekly and monthly time frames, while the Dow Theory shows no trend weekly and mildly bearish monthly. The OBV presents a mixed picture with a mildly bearish weekly reading and a mildly bullish monthly reading. Overall, the strength of the bearish stance is supported by the prevailing indicators despite some signs of potential recovery.
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