Is Shalby technically bullish or bearish?

Oct 30 2025 08:27 AM IST
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As of 29 October 2025, the market sentiment for Shalby is predominantly bullish, supported by strong indicators like the MACD and daily moving averages, despite some bearish signals from the KST and Dow Theory.
As of 29 October 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 the weekly and monthly time frames, and the daily moving averages are also bullish. The Bollinger Bands indicate a bullish trend on the weekly and mildly bullish on the monthly. However, the KST shows a bearish signal on the monthly, and Dow Theory indicates a mildly bearish stance on the weekly. Overall, the bullish indicators outweigh the bearish ones, suggesting a strong bullish sentiment in the market for Shalby.
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