Is Sai Silks technically bullish or bearish?
As of September 2, 2025, the technical trend is bullish with moderate strength, supported by a bullish MACD and moving averages, though caution is advised due to a neutral RSI and Dow Theory indicating no clear trend.
As of 2 September 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly timeframe, bullish moving averages on the daily timeframe, and a mildly bullish outlook from Bollinger Bands on both weekly and monthly timeframes. However, the RSI shows no signal, and Dow Theory indicates no trend on both weekly and monthly timeframes, suggesting some caution despite the overall bullish sentiment.
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