Is Multi Comm. Exc. technically bullish or bearish?
As of August 4, 2025, the market trend is bullish with strong indicators like MACD and Bollinger Bands supporting this view, although mixed signals from KST and Dow Theory suggest a slightly tempered outlook.
As of 4 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate bullishness in both time frames. Daily moving averages confirm a bullish trend as well. However, the KST shows a mildly bearish signal on the monthly, and Dow Theory indicates a mildly bearish stance on the weekly, which slightly tempers the overall bullish outlook. Despite these mixed signals, the overall strength remains bullish, particularly supported by the strong performance relative to the Sensex over various periods.
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