Is Finolex Cables technically bullish or bearish?

Aug 07 2025 08:09 AM IST
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As of August 6, 2025, Finolex Cables is in a bearish trend with moderate strength, supported by bearish signals from the MACD, moving averages, and Bollinger Bands, despite a conflicting bullish signal from the KST on the weekly chart.
As of 6 August 2025, the technical trend for Finolex Cables has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and the daily moving averages also indicate a bearish trend. Both the weekly and monthly Bollinger Bands confirm a bearish outlook. The KST shows a bullish signal on the weekly but is mildly bearish on the monthly, which contrasts with the overall bearish trend. The Dow Theory reflects a mildly bearish stance on both weekly and monthly time frames. Overall, the combination of these indicators suggests a bearish sentiment in the market for Finolex Cables.
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