Is Owais Metal technically bullish or bearish?

Aug 13 2025 08:09 AM IST
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As of 12 August 2025, Owais Metal's technical trend has shifted to bearish, supported by the weekly MACD and moving averages, despite a mildly bullish KST signal, indicating significant underperformance against the Sensex.
As of 12 August 2025, the technical trend for Owais Metal has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD indicates a bearish trend, and daily moving averages confirm this bearish outlook. The Dow Theory also supports a mildly bearish sentiment on the weekly and monthly time frames. While the KST shows a mildly bullish signal, it is outweighed by the overall bearish indicators. The stock has significantly underperformed compared to the Sensex over various time frames, further reinforcing the bearish sentiment.
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