Is Shivalik Bimetal technically bullish or bearish?

Oct 27 2025 08:08 AM IST
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As of October 24, 2025, the market trend is mildly bearish due to bearish momentum from the weekly MACD and KST indicators, despite some mildly bullish signals from 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 and Dow Theory also support a mildly bearish outlook on the weekly timeframe. Although the daily moving averages show a mildly bullish signal, the overall strength of the bearish indicators suggests caution. The RSI on the weekly is bullish, but the lack of a monthly signal and the bearish monthly MACD and KST indicate a mixed picture. Overall, the bearish indicators outweigh the bullish signals at this time.
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