Is CESC technically bullish or bearish?
As of October 16, 2025, CESC's technical trend has shifted to bullish, supported by strong indicators like a bullish MACD and moving averages, although caution is advised due to bearish KST readings.
As of 16 October 2025, the technical trend for CESC has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are also bullish. The daily moving averages confirm a bullish trend as well. However, the KST is bearish on the weekly and mildly bearish on the monthly, which introduces some caution. The Dow Theory indicates a mildly bullish stance on both weekly and monthly time frames. Overall, the strength of the bullish signal is supported by the positive performance in the short term, with a 1-week return of 2.58% compared to the Sensex's 1.58%.
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