Is Schneider Elect. technically bullish or bearish?

Jul 11 2025 08:04 AM IST
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As of July 10, 2025, the technical trend has shifted to bullish, supported by daily moving averages and weekly Bollinger Bands, although caution is advised due to mildly bearish signals from the monthly MACD and KST.
As of 10 July 2025, the technical trend has changed from sideways to bullish. The current stance is bullish with a strong indication from the daily moving averages and weekly Bollinger Bands, both signaling bullish momentum. The MACD on a weekly basis is also bullish, supporting the upward trend. However, the monthly MACD and KST are mildly bearish, suggesting some caution in the longer term. The Dow Theory indicates a mildly bullish stance on a monthly basis, while the On-Balance Volume shows a mildly bullish trend weekly. Overall, the strength of the bullish signal is reinforced by recent price action, with the stock currently trading above its previous close and near today's high.
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