Is Shyam Metalics technically bullish or bearish?
As of September 5, 2025, Shyam Metalics shows a bullish trend with moderate strength, supported by bullish MACD and Bollinger Bands, although some longer-term indicators present mixed signals.
As of 5 September 2025, the technical trend for Shyam Metalics has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish Bollinger Bands on both weekly and monthly timeframes, and bullish daily moving averages. However, the monthly MACD and KST are mildly bearish, and the Dow Theory shows a mixed signal with a mildly bearish weekly stance but bullish monthly outlook. Overall, the combination of these indicators suggests a bullish sentiment in the short term, despite some mixed signals in longer timeframes.
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