Is MIC Electronics technically bullish or bearish?

Sep 19 2025 08:06 AM IST
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As of September 18, 2025, MIC Electronics shows a neutral technical trend with mixed indicators, including mildly bullish weekly MACD and Bollinger Bands, but bearish weekly RSI and daily moving averages, indicating a lack of strong directional momentum.
As of 18 September 2025, the technical trend for MIC Electronics has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing this position. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish. The RSI shows bearish momentum on the weekly chart, with no signal on the monthly. Bollinger Bands indicate a mildly bullish stance on the weekly and bullish on the monthly. Daily moving averages are mildly bearish, and the KST is mildly bullish weekly but mildly bearish monthly. Dow Theory supports a mildly bullish view on both weekly and monthly time frames. Overall, the indicators suggest a lack of strong directional momentum, resulting in a neutral stance.
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