Is Bright Outdoor technically bullish or bearish?
As of October 17, 2025, Bright Outdoor's trend has shifted to bullish, supported by strong weekly MACD and Bollinger Bands signals, though caution is advised due to a mildly bearish weekly KST.
As of 17 October 2025, the technical trend for Bright Outdoor has changed from mildly bullish to bullish. The current stance is bullish with a strong signal from the weekly MACD and Bollinger Bands, both indicating bullish momentum. Daily moving averages also support this bullish outlook. However, the weekly KST is mildly bearish, suggesting some caution. The RSI shows no signal on both weekly and monthly time frames, indicating a lack of overbought or oversold conditions. Overall, the strength of the bullish trend is supported by the recent price action, with the stock showing a significant return compared to the Sensex over various periods.
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