Is Orissa Minerals technically bullish or bearish?

Oct 17 2025 08:09 AM IST
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As of October 16, 2025, the trend is mildly bearish due to daily moving averages and monthly MACD indicating bearish momentum, despite some bullish signals from weekly indicators and OBV.
As of 16 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the monthly MACD showing bearish momentum. While the weekly MACD and KST are mildly bullish, they are overshadowed by the overall bearish signals from the monthly indicators. The Bollinger Bands also reflect a mildly bearish stance on the monthly timeframe. Despite the bullish readings from the OBV on both weekly and monthly charts, the prevailing trend remains bearish, particularly in the context of recent price action and returns.
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