Is Bright Outdoor technically bullish or bearish?

Oct 17 2025 08:12 AM IST
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As of October 16, 2025, Bright Outdoor's trend has shifted to mildly bullish due to positive daily moving averages and Bollinger Bands, though caution is advised due to mixed signals from the weekly MACD, KST, and Dow Theory.
As of 16 October 2025, the technical trend for Bright Outdoor has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum and the Bollinger Bands showing bullish signals on both weekly and monthly time frames. However, the weekly MACD and KST remain mildly bearish, which suggests some caution. The Dow Theory indicates a mildly bearish stance on the monthly chart, adding to the mixed signals. Overall, while there are bullish indicators present, the strength of the bullish trend is tempered by the bearish signals in other key indicators.
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