Is DCM Shriram technically bullish or bearish?
As of September 17, 2025, the overall trend is bullish, supported by strong monthly indicators like the MACD and Bollinger Bands, despite some mixed signals in the weekly indicators.
As of 17 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, supported by strong monthly indicators. The MACD is bullish on a monthly basis, while the weekly MACD is mildly bearish, indicating some short-term weakness. The RSI shows bearish momentum on the weekly chart but lacks a signal on the monthly. Bollinger Bands are bullish for both weekly and monthly time frames, reinforcing the upward trend. Daily moving averages are also bullish, suggesting a positive short-term outlook. Dow Theory indicates a mildly bullish stance on the weekly and bullish on the monthly. Overall, despite some mixed signals in the weekly indicators, the prevailing trend is bullish, driven primarily by the monthly MACD, Bollinger Bands, and moving averages.
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