Is GE Power technically bullish or bearish?

Aug 10 2025 08:04 AM IST
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As of August 8, 2025, the trend has shifted to mildly bullish due to positive weekly indicators like the MACD and Bollinger Bands, but caution is advised as monthly indicators remain mildly bearish.
As of 8 August 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven by several key indicators. The MACD is bullish on the weekly timeframe, and Bollinger Bands also indicate bullishness on the weekly chart. Daily moving averages are bullish, supporting the positive momentum. However, the monthly indicators, including MACD and KST, remain mildly bearish, suggesting some caution. Overall, while the weekly signals are positive, the mixed monthly indicators indicate a need for careful monitoring.
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