Is JSW Steel technically bullish or bearish?
As of 4 August 2025, JSW Steel's technical trend is bullish, supported by positive weekly and monthly MACD indicators and Bollinger Bands, although the monthly KST shows a mildly bearish signal.
As of 4 August 2025, the technical trend for JSW Steel has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting the positive trend. Bollinger Bands also indicate a bullish stance on both time frames. The daily moving averages are bullish, reinforcing the upward momentum. However, the KST shows a mildly bearish signal on the monthly chart, and there are no clear trends indicated by Dow Theory or OBV on either time frame. Overall, the current technical stance is bullish with moderate strength, driven primarily by the MACD and Bollinger Bands.
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