Is SML ISUZU technically bullish or bearish?

Aug 09 2025 08:08 AM IST
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As of August 8, 2025, the trend is mildly bullish due to positive weekly MACD and Bollinger Bands, despite some bearish signals from the monthly RSI and KST.
As of 8 August 2025, the technical trend has changed from bullish to mildly bullish. The weekly MACD and Bollinger Bands indicate a bullish stance, while the monthly MACD is also bullish, but the monthly RSI shows a bearish signal. The daily moving averages are bullish, supporting the current price of 3849.65, which is above the previous close of 3676.40. However, the KST is mildly bearish on a monthly basis, and Dow Theory indicates a mildly bearish trend on the weekly chart. Overall, the stance is mildly bullish, driven primarily by the bullish weekly MACD and Bollinger Bands, despite some bearish signals in the monthly indicators.
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