Is Century Enka technically bullish or bearish?

Aug 03 2025 08:01 AM IST
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As of August 1, 2025, Century Enka's technical trend is mildly bearish, indicated by mixed signals from MACD, Bollinger Bands, moving averages, and KST across different time frames.
As of 1 August 2025, the technical trend for Century Enka has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly chart. Bollinger Bands indicate a bearish trend on both weekly and monthly time frames. Daily moving averages are also bearish, reinforcing the negative sentiment. The KST is mildly bullish weekly but mildly bearish monthly, while Dow Theory presents a mixed view with a mildly bearish weekly stance and mildly bullish monthly. Overall, the combination of these indicators suggests a cautious outlook for Century Enka in the near term.
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