Is Delton Cables technically bullish or bearish?

Nov 13 2025 08:14 AM IST
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As of November 12, 2025, Delton Cables shows a mildly bullish trend supported by the weekly MACD and moving averages, despite some caution from monthly indicators.
As of 12 November 2025, the technical trend for Delton Cables has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive trend, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are showing a mildly bullish stance on the weekly chart and bullish on the monthly chart, reinforcing the upward momentum. Daily moving averages are bullish, suggesting short-term strength. However, the KST indicates a bullish weekly trend but is mildly bearish monthly, and Dow Theory shows no trend weekly and mildly bearish monthly, which adds to the mixed signals. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and moving averages, despite some bearish signals on the monthly indicators.
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