Is Indian Metals technically bullish or bearish?
As of June 25, 2025, the trend is mildly bullish due to positive weekly indicators like MACD and OBV, despite some caution from monthly metrics and daily moving averages showing mild bearishness.
As of 25 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by several key indicators. The weekly MACD is mildly bullish, supported by a bullish outlook from the Bollinger Bands and the On-Balance Volume (OBV) on both weekly and monthly time frames. However, the monthly MACD and KST remain mildly bearish, indicating some caution. Daily moving averages are mildly bearish, which contrasts with the overall weekly bullish sentiment. The stock has shown strong performance relative to the Sensex over the past week and month, further reinforcing the bullish outlook.
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