Is Shivalik Bimetal technically bullish or bearish?

Oct 25 2025 08:17 AM IST
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As of October 24, 2025, the market trend is mildly bearish, influenced by bearish signals from the weekly MACD and KST indicators, despite some bullish signals on the daily moving averages.
As of 24 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and KST indicators, both indicating bearish momentum. The Bollinger Bands also reflect a mildly bearish trend on the weekly timeframe. While the daily moving averages show a mildly bullish signal, the overall sentiment is tempered by the bearish signals from the weekly and monthly indicators. The RSI on the weekly is bullish, but with no signal on the monthly, it does not provide sufficient strength to counter the bearish outlook. Overall, the combination of these indicators suggests a cautious approach.
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