Is Blue Star technically bullish or bearish?
As of September 23, 2025, Blue Star's technical trend is mildly bullish, supported by the weekly MACD and Bollinger Bands, despite some caution from the monthly MACD and short-term bearish signals from daily moving averages.
As of 23 September 2025, the technical trend for Blue Star has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are showing a mildly bullish trend on the weekly chart and bullish on the monthly chart, further reinforcing the bullish stance. The Dow Theory is also mildly bullish on both weekly and monthly time frames. However, the daily moving averages are mildly bearish, suggesting short-term weakness. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD, Bollinger Bands, and Dow Theory indicators.
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