Is Savita Oil Tech technically bullish or bearish?

Oct 13 2025 08:06 AM IST
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As of October 10, 2025, Savita Oil Tech's trend is mildly bearish, influenced by mixed signals from MACD, Bollinger Bands, and moving averages, indicating weak bearish sentiment with no strong bullish indicators.
As of 10 October 2025, the technical trend for Savita Oil Tech has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the weekly MACD indicating a mildly bullish position, while the monthly MACD is mildly bearish. The Bollinger Bands and KST both reflect bearish conditions on the weekly and monthly time frames, contributing to the overall bearish sentiment. Moving averages on the daily chart also suggest a mildly bearish outlook. The Dow Theory shows no trend on the weekly and mildly bearish on the monthly, further supporting the bearish stance. Overall, the mixed signals indicate a weak bearish sentiment, with no strong bullish indicators present.
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