Is Softtech Enginee technically bullish or bearish?

Sep 01 2025 08:05 AM IST
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As of August 29, 2025, Softtech Enginee shows a mildly bullish trend supported by a bullish weekly MACD and OBV, despite mixed signals from daily moving averages and a mildly bearish monthly MACD.
As of 29 August 2025, the technical trend for Softtech Enginee has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive sentiment, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands show a mildly bullish trend on the weekly chart and bullish on the monthly, reinforcing the upward momentum. However, the daily moving averages are mildly bearish, suggesting short-term weakness. The On-Balance Volume (OBV) is bullish on both weekly and monthly time frames, indicating strong buying pressure. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and OBV, despite mixed signals from moving averages and the monthly MACD.
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