Is JSW Steel technically bullish or bearish?
As of 7 August 2025, JSW Steel's technical trend is bullish, supported by positive MACD indicators, Bollinger Bands, and moving averages, although a mildly bearish KST signal on the monthly chart slightly tempers the overall sentiment.
As of 7 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 stance. Bollinger Bands also indicate a bullish trend on both time frames. Daily moving averages confirm a bullish outlook. However, the KST shows a mildly bearish signal on the monthly, which slightly tempers the overall bullish sentiment. Dow Theory aligns with the bullish perspective on both weekly and monthly charts. Overall, the current technical stance is bullish, with strong indicators driving this outlook.
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