Is Karnika Industri technically bullish or bearish?
As of October 1, 2025, Karnika Industri's technical trend is mildly bullish, supported by a bullish MACD and moving averages, despite mixed signals from the bearish RSI and mildly bearish Dow Theory.
As of 1 October 2025, the technical trend for Karnika Industri has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the weekly RSI is bearish, indicating mixed signals. The Bollinger Bands show a mildly bullish stance on the weekly chart and bullish on the monthly chart. Daily moving averages are bullish, supporting the mildly bullish trend. However, the Dow Theory indicates a mildly bearish position on the weekly timeframe. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and moving averages, despite the bearish RSI and mildly bearish Dow Theory.
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