Is Sar Televenture technically bullish or bearish?

Oct 16 2025 08:06 AM IST
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As of 15 October 2025, the market trend has shifted to a bearish stance with moderate strength, driven by bearish signals from the weekly MACD and Bollinger Bands, despite some bullish momentum indicated by the RSI on longer time frames.
As of 15 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the weekly MACD and Bollinger Bands both signaling bearish conditions, alongside a mildly bearish reading from the Dow Theory. Although the daily moving averages are mildly bullish, the overall sentiment is dampened by the bearish weekly indicators. The RSI shows bullish momentum on both weekly and monthly time frames, but it is not enough to offset the bearish signals from other indicators.
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