Is Bombay Burmah technically bullish or bearish?

Sep 16 2025 08:11 AM IST
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As of September 15, 2025, the market trend is mildly bearish, influenced by bearish daily moving averages and mixed signals from the MACD and Bollinger Bands, with overall weak bullish indicators.
As of 15 September 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the KST showing bearish signals on both weekly and monthly time frames. The MACD presents a mixed view with a mildly bullish signal on the weekly but mildly bearish on the monthly. The Bollinger Bands are bullish weekly but mildly bearish monthly, while Dow Theory suggests a mildly bullish stance weekly but bearish monthly. Overall, the strength of the bearish sentiment is supported by the lack of strong bullish signals across the key indicators.
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