Is Metro Brands technically bullish or bearish?

Sep 06 2025 08:08 AM IST
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As of September 5, 2025, the technical trend is mildly bullish, supported by the weekly MACD and Bollinger Bands, despite mixed signals from other indicators like daily moving averages and the monthly MACD.
As of 5 September 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the upward momentum. However, daily moving averages are mildly bearish, suggesting short-term weakness. The KST shows a mildly bearish stance weekly but bullish monthly, and Dow Theory indicates a mildly bullish position weekly and mildly bearish monthly. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.
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