Is Shyam Metalics technically bullish or bearish?

Nov 10 2025 08:11 AM IST
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As of November 7, 2025, Shyam Metalics exhibits a neutral technical trend with mixed signals, showing mildly bearish indicators on weekly and monthly charts, while daily moving averages suggest mild bullishness, resulting in no clear direction.
As of 7 November 2025, the technical trend for Shyam Metalics has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD and KST are mildly bearish, while the monthly indicators also reflect a bearish tone. The daily moving averages show a mildly bullish sentiment, but the Bollinger Bands indicate a bearish outlook on the weekly timeframe. Overall, the lack of strong signals from the RSI and the mixed performance in the OBV suggest a lack of conviction in either direction. Therefore, the technical stance remains neutral with no clear strength in either bullish or bearish sentiment.
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