Is DCM Shriram technically bullish or bearish?
As of September 19, 2025, the market trend is mildly bullish, supported by daily moving averages and weekly Dow Theory, though caution is warranted due to mildly bearish weekly MACD and KST indicators, while monthly indicators remain bullish, indicating potential long-term strength despite recent price declines.
As of 19 September 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating mild bullishness and the weekly Dow Theory also showing a mildly bullish trend. However, the weekly MACD and KST are mildly bearish, which adds some caution to the overall outlook. Monthly indicators, including MACD, KST, Bollinger Bands, and OBV, are bullish, suggesting potential strength in the longer term. The recent price action shows a decline from the previous close, but the stock has outperformed the Sensex over various time frames, particularly in the long term.
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