Is Softtech Enginee technically bullish or bearish?

Oct 12 2025 08:07 AM IST
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As of October 10, 2025, the trend has shifted to mildly bullish, supported by positive weekly MACD and OBV indicators, though daily moving averages remain mildly bearish, indicating some caution.
As of 10 October 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD being bullish and the Bollinger Bands indicating bullish conditions on both weekly and monthly time frames. The On-Balance Volume (OBV) also supports this bullish view on both weekly and monthly charts. However, the daily moving averages remain mildly bearish, indicating some caution. The KST shows a mixed signal with a mildly bearish weekly reading and a bullish monthly reading, while the Dow Theory indicates a mildly bearish stance on the weekly chart with no trend on the monthly. Overall, the strength of the bullish signal is moderate, influenced by the recent price action and the positive momentum in the weekly indicators.
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