Is Orissa Minerals technically bullish or bearish?
As of October 8, 2025, Orissa Minerals shows a mildly bearish trend due to predominantly bearish indicators, despite some mixed signals and bullish accumulation in the OBV.
As of 8 October 2025, the technical trend for Orissa Minerals has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD on a monthly basis is bearish, while the weekly MACD shows a mildly bullish signal, indicating mixed momentum. The RSI is bearish on the weekly timeframe, suggesting downward pressure, and the daily moving averages are also mildly bearish. Bollinger Bands reflect a mildly bullish stance on the weekly but are mildly bearish on the monthly. The KST shows a similar divergence, being mildly bullish weekly but bearish monthly. Despite the bearish signals, the OBV remains bullish on both weekly and monthly timeframes, indicating accumulation. Overall, the bearish indicators outweigh the bullish ones, leading to a mildly bearish outlook.
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