Is Shilchar Tech technically bullish or bearish?

Nov 05 2025 08:30 AM IST
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As of November 4, 2025, the market trend is mildly bearish, indicated by bearish MACD and KST readings on both weekly and monthly charts, along with mixed signals from Bollinger Bands and a lack of strong bullish signals in the RSI.
As of 4 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart, while the KST also reflects bearish conditions on the weekly and mildly bearish on the monthly. The moving averages indicate a mildly bearish trend on the daily timeframe. Bollinger Bands show a mixed signal with a mildly bearish stance on the weekly and bullish on the monthly. Overall, the lack of strong bullish signals in the RSI and the Dow Theory's mildly bearish indication further support the current stance.
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