Is SKF India technically bullish or bearish?

Jul 09 2025 08:05 AM IST
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As of July 8, 2025, the technical trend has shifted to bullish, supported by strong daily moving averages and a bullish weekly MACD, although caution is advised due to mildly bearish signals from the monthly MACD and KST.
As of 8 July 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with a strong emphasis on the daily moving averages indicating bullish momentum. The weekly MACD is also bullish, supporting the positive outlook. Bollinger Bands on both weekly and monthly time frames are bullish, reinforcing the upward trend. However, the monthly MACD and KST show mildly bearish signals, suggesting some caution. Overall, the strength of the bullish stance is supported by the recent price action, with today's high surpassing the previous close.
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