Is MSP Steel & Pow. technically bullish or bearish?

Jul 16 2025 08:05 AM IST
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As of July 15, 2025, the trend has shifted to mildly bullish due to positive weekly indicators, despite short-term bearish signals from daily moving averages and a lack of momentum in the RSI.
As of 15 July 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven by weekly indicators such as MACD and KST both showing mild bullishness, alongside bullish signals from Bollinger Bands and Dow Theory. However, the daily moving averages remain mildly bearish, indicating some short-term weakness. The RSI shows no signal on both weekly and monthly time frames, suggesting a lack of momentum. Overall, while there are positive signs in the weekly data, the mixed signals from different time frames indicate a cautious bullish outlook.
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