Is JSW Steel technically bullish or bearish?
As of August 6, 2025, JSW Steel's technical trend is mildly bullish, supported by a bullish weekly MACD and daily moving averages, despite mixed signals from the monthly MACD and KST.
As of 6 August 2025, the technical trend for JSW Steel has changed from bullish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The Bollinger Bands show a bullish stance on the weekly and mildly bullish on the monthly, supporting the overall mildly bullish trend. Daily moving averages are bullish, reinforcing positive momentum in the short term. The KST is bullish weekly but mildly bearish monthly, suggesting some caution. Dow Theory indicates a mildly bullish stance on the weekly timeframe, with no trend on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD, Bollinger Bands, and daily moving averages.
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