Is Sona BLW Precis. technically bullish or bearish?

Sep 01 2025 08:06 AM IST
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As of 29 August 2025, the technical trend is bearish, supported by negative signals from the MACD, KST, and moving averages, despite some bullish indicators like the OBV and Dow Theory suggesting a mild bullish stance.
As of 29 August 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish, with a strong indication from the weekly MACD and KST both showing bearish signals. The daily moving averages also confirm a bearish outlook. Bollinger Bands on both weekly and monthly time frames are bearish, reinforcing the negative sentiment. Although the Dow Theory indicates a mildly bullish stance on the weekly chart, the overall bearish indicators outweigh this. The RSI shows no signal, and the OBV is bullish on both weekly and monthly time frames, but these are not sufficient to counter the prevailing bearish trend.
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