Is Savita Oil Tech technically bullish or bearish?

Sep 18 2025 08:09 AM IST
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As of September 17, 2025, Savita Oil Tech's trend is mildly bearish, with mixed indicators showing mild bullishness on the weekly MACD but bearish signals from daily moving averages and monthly Bollinger Bands, suggesting a cautious outlook.
As of 17 September 2025, the technical trend for Savita Oil Tech has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating mild bullishness, while the monthly MACD shows mild bearishness. The daily moving averages are bearish, and both the KST and Dow Theory are mildly bearish on a weekly basis. The Bollinger Bands are sideways on the weekly chart but bearish on the monthly. Overall, the lack of strong bullish signals from the RSI and the mixed indicators suggest a cautious outlook.
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