Is Orient Tech. technically bullish or bearish?

Oct 29 2025 08:22 AM IST
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As of October 28, 2025, the technical trend is bullish with moderate strength, supported by positive indicators like a bullish MACD and moving averages, but the lack of momentum confirmation from the RSI suggests a cautious approach.
As of 28 October 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly timeframe, bullish moving averages on the daily timeframe, and a bullish KST on the weekly timeframe. The Dow Theory also supports a mildly bullish outlook on the weekly and monthly timeframes. However, the RSI shows no signal on both weekly and monthly timeframes, indicating a lack of momentum confirmation. Overall, while there are strong bullish indicators, the absence of momentum signals suggests a cautious approach may be warranted.
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Our weekly and monthly stock recommendations are here
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