Is Force Motors technically bullish or bearish?

Aug 28 2025 08:08 AM IST
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As of 26 August 2025, Force Motors shows a bullish trend supported by strong weekly momentum indicators, although caution is advised due to a bearish monthly RSI.
As of 26 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong momentum indicated by the weekly MACD and Dow Theory both showing bullish signals. The daily moving averages also confirm a bullish trend. However, the monthly RSI is bearish, suggesting some caution. Overall, the strength of the bullish trend is supported by the weekly Bollinger Bands being mildly bullish and the KST indicating a bullish stance on the weekly chart. Despite recent price fluctuations, the overall technical indicators favor a bullish outlook for Force Motors.
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