Is Blackbuck technically bullish or bearish?
As of November 3, 2025, the trend is mildly bullish with supportive indicators like a bullish MACD and moving averages, but caution is advised due to mildly bearish signals from Dow Theory and a lack of momentum confirmation from the RSI.
As of 3 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and bullish moving averages on the daily timeframe. The Bollinger Bands indicate a mildly bullish condition on the weekly chart. However, the Dow Theory suggests a mildly bearish outlook on the weekly timeframe, which tempers the overall bullish sentiment. The RSI shows no signal on the weekly timeframe, indicating a lack of momentum confirmation. Overall, while there are bullish indicators, the presence of mildly bearish signals suggests caution.
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