Is Shalby technically bullish or bearish?

Nov 04 2025 08:50 AM IST
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As of November 3, 2025, the market trend is bullish with strong indicators like MACD and Bollinger Bands supporting this view, although caution is advised due to a bearish KST signal on the monthly timeframe.
As of 3 November 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 a bullish trend on both time frames. Daily moving averages confirm a bullish outlook. However, the KST shows a bearish signal on the monthly, suggesting some caution is warranted. Overall, the strength of the bullish trend is reinforced by the recent price action, with today's high reaching 247.45, above the previous close of 240.75.
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