Is DCM Shriram technically bullish or bearish?
As of August 8, 2025, DCM Shriram's trend is mildly bullish, supported by a bullish MACD and moving averages, but tempered by a bearish weekly RSI and mixed signals from Dow Theory and OBV, indicating a cautious outlook.
As of 8 August 2025, the technical trend for DCM Shriram has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on both weekly and monthly time frames, and bullish moving averages on the daily chart. However, the weekly RSI is bearish, indicating some weakness in momentum. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, while the KST remains bullish. Dow Theory shows a mildly bearish signal on the weekly, and the OBV is also mildly bearish, suggesting some selling pressure. Overall, the mixed signals indicate a cautious bullish outlook.
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