Is Owais Metal technically bullish or bearish?
As of 13 October 2025, Owais Metal's trend is mildly bearish, influenced by daily moving averages, while weekly indicators show slight bullishness; however, overall sentiment remains weak due to significant year-to-date declines.
As of 13 October 2025, the technical trend for Owais Metal has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. While the weekly MACD and KST show mildly bullish signals, the overall sentiment is tempered by the monthly Dow Theory indicating a mildly bearish trend. The RSI shows no signals in both weekly and monthly time frames, suggesting a lack of momentum. Despite a recent price increase from the previous close, the longer-term performance remains weak, with significant declines year-to-date and over the past year.
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