Is JSW Steel technically bullish or bearish?
As of August 28, 2025, JSW Steel's technical trend is mildly bullish, supported by a bullish weekly MACD and Bollinger Bands, despite mixed signals from the monthly indicators.
As of 28 August 2025, the technical trend for JSW Steel has changed from bullish to mildly bullish. The weekly MACD indicates a bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The Bollinger Bands are mildly bullish on both weekly and monthly charts, supporting the mildly bullish outlook. Daily moving averages also reflect a mildly bullish trend. The KST shows bullish on the weekly but mildly bearish on the monthly, adding to the mixed sentiment. Dow Theory remains bullish on both weekly and monthly time frames, which is a positive indicator. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands.
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