Is MBL Infrast technically bullish or bearish?

Sep 29 2025 08:05 AM IST
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As of September 26, 2025, the market trend is mildly bearish, supported by bearish indicators like Bollinger Bands and KST, despite some mixed signals from MACD and Dow Theory suggesting underlying strength.
As of 26 September 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly chart. The Bollinger Bands and KST are both bearish on the weekly and monthly time frames, reinforcing the bearish outlook. Daily moving averages are also bearish. However, the Dow Theory indicates a mildly bullish stance on both weekly and monthly charts, and the OBV remains bullish on both time frames, suggesting some underlying strength. Overall, the mixed signals indicate a mildly bearish sentiment with caution advised.
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