Is Shyam Metalics technically bullish or bearish?

Sep 06 2025 08:07 AM IST
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As of September 5, 2025, the market trend is bullish with strong indicators like a bullish weekly MACD and positive price action, despite some mixed signals from monthly indicators.
As of 5 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and Bollinger Bands are also indicating bullish momentum. Daily moving averages confirm a bullish trend. However, the monthly MACD and KST are mildly bearish, and the Dow Theory shows a mixed signal with a mildly bearish weekly outlook against a bullish monthly perspective. Overall, the strength of the bullish trend is reinforced by the recent price action, with today's high surpassing the previous close, indicating positive momentum.
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