Is PNB Gilts technically bullish or bearish?

Oct 07 2025 08:11 AM IST
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As of October 6, 2025, the technical trend is mildly bearish, supported by weekly and monthly MACD readings, Bollinger Bands, and KST indicators, despite daily moving averages showing a mildly bullish trend.
As of 6 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings both indicating a mildly bearish outlook. The Bollinger Bands also reflect a bearish sentiment on the weekly and mildly bearish on the monthly. The KST supports this with a mildly bearish weekly and bearish monthly signal. Although the daily moving averages show a mildly bullish trend, the overall indicators suggest a bearish sentiment prevailing in the longer time frames. The lack of signals from the RSI and no trends in Dow Theory and OBV further reinforce the current mildly bearish stance.
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