Is Shaily Engineer. technically bullish or bearish?
As of September 2, 2025, the trend is bullish with strong indicators like MACD and Bollinger Bands supporting this view, although the weekly RSI shows some bearishness, warranting caution.
As of 2 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both weekly and monthly time frames, and Bollinger Bands also indicate bullishness in both time frames. Moving averages on the daily chart confirm a bullish trend. However, the weekly RSI shows bearishness, which is a point of caution. Overall, the strength of the bullish trend is reinforced by the KST and Dow Theory, both indicating bullish conditions on weekly and monthly charts.
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