Is JK Lakshmi Cem. technically bullish or bearish?
As of October 24, 2025, the market trend is neutral with mixed signals; while the weekly MACD and Bollinger Bands suggest bearish momentum, the monthly indicators remain bullish, indicating indecision and a lack of strong bullish momentum.
As of 24 October 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across different time frames. The weekly MACD is mildly bearish, while the monthly MACD remains bullish, indicating a divergence in momentum. The weekly Bollinger Bands are bearish, suggesting potential downward pressure, while the monthly bands are sideways, reflecting indecision. Daily moving averages are mildly bullish, providing some support. The KST and OBV indicators are both mildly bearish on the weekly and monthly charts, reinforcing the lack of strong bullish momentum. Overall, the lack of clear signals from the RSI and Dow Theory further supports a neutral stance.
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