Is Carborundum Uni. technically bullish or bearish?

Aug 22 2025 08:06 AM IST
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As of August 21, 2025, the market trend is bearish with moderate strength, driven by bearish signals from moving averages and KST, despite a mildly bullish weekly MACD and Dow Theory indicating a weak bullish trend.
As of 21 August 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish signal from the daily moving averages and a bearish reading from the KST on both weekly and monthly time frames. While the weekly MACD is mildly bullish, this is offset by the overall bearish monthly MACD and the mildly bearish Bollinger Bands across both time frames. The Dow Theory indicates a mildly bullish weekly trend, but this is not strong enough to counter the prevailing bearish signals.
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