Is PDS technically bullish or bearish?

Oct 21 2025 08:23 AM IST
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As of October 20, 2025, the market trend is mildly bearish, influenced by bearish daily moving averages and weekly Bollinger Bands, despite some mixed signals from the MACD and RSI.
As of 20 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearishness and the weekly Bollinger Bands also showing a mildly bearish signal. The MACD on the weekly is mildly bullish, but the monthly MACD remains bearish, creating a mixed picture. The RSI is bullish on the monthly but shows no signal on the weekly, contributing to the overall neutral sentiment. Dow Theory aligns with the mildly bearish outlook on both weekly and monthly time frames. Overall, while there are some mildly bullish indicators, the prevailing sentiment is bearish, particularly in the shorter time frames.
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