Is SBI Cards technically bullish or bearish?
As of November 17, 2025, the technical trend is bullish with strong indicators like the weekly MACD and Bollinger Bands supporting upward momentum, though caution is advised due to a mildly bearish monthly MACD and Dow Theory signals.
As of 17 November 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish, indicating upward momentum. Daily moving averages are also bullish, reinforcing the positive trend. However, the monthly MACD is mildly bearish and the Dow Theory shows a mildly bearish stance on the weekly chart, suggesting some caution. Overall, the strength of the bullish trend is supported by multiple indicators, particularly in the weekly time frame.
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