Is Delton Cables technically bullish or bearish?

Nov 04 2025 08:45 AM IST
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As of November 3, 2025, Delton Cables shows a mildly bearish trend, indicated by daily moving averages and weekly KST signaling bearish momentum, despite mixed signals from the MACD and Bollinger Bands.
As of 3 November 2025, the technical trend for Delton Cables has changed from bearish to mildly bearish. The current technical stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum and the weekly KST also showing bearish signals. The MACD presents a mixed view with a mildly bullish stance on the weekly chart but a mildly bearish one on the monthly. Bollinger Bands reflect a bearish outlook on the weekly while being mildly bullish on the monthly. Overall, the lack of strong bullish signals in the RSI and Dow Theory further supports the mildly bearish position.
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