Is Shanthi Gears technically bullish or bearish?
As of August 11, 2025, the trend is mildly bullish due to positive daily moving averages and weekly MACD signals, but caution is advised due to mixed indicators from monthly MACD, KST, and Dow Theory.
As of 11 August 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum and weekly MACD showing bullish signals. However, the monthly MACD and KST are mildly bearish, suggesting some caution. The Bollinger Bands are also mildly bullish on both weekly and monthly time frames, reinforcing the overall positive sentiment. Dow Theory indicates a mildly bearish stance on the weekly chart, which adds a layer of complexity to the outlook. Overall, while there are bullish indicators, the mixed signals suggest a cautious approach.
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