Is Schneider Elect. technically bullish or bearish?

Aug 24 2025 08:04 AM IST
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As of August 22, 2025, the technical trend has shifted to bullish, supported by strong indicators like the weekly MACD, daily moving averages, and Bollinger Bands, despite some mild bearishness in the monthly MACD and KST.
As of 22 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages are also indicating bullish momentum. Additionally, the Bollinger Bands on the weekly chart are bullish, reinforcing the upward trend. The Dow Theory shows a bullish signal on the monthly timeframe, while the KST is bullish on the weekly timeframe. Overall, the strength of the bullish stance is supported by multiple indicators across different timeframes, despite the monthly MACD and KST showing mild bearishness.
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