Is Power Mech Proj. technically bullish or bearish?

Oct 16 2025 08:06 AM IST
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As of October 15, 2025, the market trend is neutral with mixed indicators, showing a shift from mildly bullish to sideways, as the weekly MACD is bearish and the monthly MACD is mildly bearish, indicating uncertainty in price movement.
As of 15 October 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed indicators influencing this view. The weekly MACD is bearish, while the monthly MACD is mildly bearish, indicating a lack of upward momentum. The RSI shows no signal on both weekly and monthly time frames, suggesting indecision in price movement. Moving averages on the daily chart are mildly bullish, providing some support, but the overall weekly and monthly indicators, including Bollinger Bands and KST, lean towards bearish or sideways. Dow Theory also indicates no trend on the weekly and mildly bearish on the monthly. Overall, the strength of the current stance is weak, reflecting uncertainty in the market.
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Our weekly and monthly stock recommendations are here
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