Is Mahamaya Steel technically bullish or bearish?
As of September 22, 2025, the trend is mildly bullish due to daily moving averages, despite some short-term weakness indicated by weekly MACD and KST, while monthly indicators remain bullish but show potential overbought conditions.
As of 22 September 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST are both mildly bearish, suggesting some short-term weakness. The monthly indicators, including MACD and Bollinger Bands, remain bullish, supporting a longer-term positive outlook. The RSI on the monthly timeframe is bearish, indicating potential overbought conditions. Overall, while there are mixed signals across different timeframes, the prevailing trend is mildly bullish.
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