Is Shakti Pumps technically bullish or bearish?

As of 31 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and KST indicators, both of which are bearish. The daily moving averages also indicate a bearish sentiment. However, the monthly Bollinger Bands show a bullish signal, suggesting some potential for recovery. The OBV on a weekly basis is mildly bullish, which adds a slight positive note amidst the overall bearish indicators. The lack of clear trends in Dow Theory further indicates uncertainty in the market. Overall, the technical outlook remains cautiously bearish with some mixed signals.