Is Natl. Aluminium technically bullish or bearish?

Sep 04 2025 08:05 AM IST
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As of September 3, 2025, National Aluminium's technical trend is mildly bullish, supported by a positive weekly MACD and bullish Bollinger Bands, despite some caution from the monthly MACD and mildly bearish daily moving averages.
As of 3 September 2025, the technical trend for Natl. Aluminium has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive sentiment, 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. Moving averages on the daily are mildly bearish, which could suggest short-term weakness. However, the Dow Theory and OBV are both mildly bullish on the weekly and monthly, adding to the overall bullish stance. The current price of 207.10 shows a strong performance compared to the previous close of 200.35, and the stock has outperformed the Sensex in the short term. Overall, the technical stance is mildly bullish, driven by the weekly MACD, Bollinger Bands, and Dow Theory indicators.
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