Is Shivalik Bimetal technically bullish or bearish?
As of September 29, 2025, the market trend is neutral with mixed indicators, showing mildly bearish signals on weekly and monthly MACD and Bollinger Bands, while daily moving averages and Dow Theory suggest a mildly bullish outlook, leading to a cautious overall sentiment.
As of 29 September 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD and KST are both mildly bearish, while the monthly MACD is also mildly bearish, suggesting a lack of upward momentum. The Bollinger Bands indicate a bearish stance on the weekly and mildly bearish on the monthly. However, daily moving averages show a mildly bullish signal, and the Dow Theory presents a mildly bullish view on the weekly timeframe. The OBV shows a bullish trend on the monthly, but the overall sentiment remains cautious due to the bearish indicators on the weekly charts.
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