Is Deccan Cements technically bullish or bearish?

Aug 31 2025 08:05 AM IST
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As of 29 August 2025, the trend is bullish due to strong MACD readings and supportive moving averages, though mixed signals from the weekly RSI and Dow Theory suggest some caution.
As of 29 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, driven by strong weekly and monthly MACD readings, which indicate positive momentum. Daily moving averages also support this bullish outlook. However, the weekly RSI is bearish, suggesting some short-term weakness. The Bollinger Bands and KST are both mildly bullish on the weekly and monthly time frames, while the Dow Theory shows a mildly bearish signal on the weekly, indicating some caution. Overall, the strength of the bullish trend is tempered by mixed signals in the RSI and Dow Theory.
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