Is Steel Exchange technically bullish or bearish?

Nov 05 2025 08:30 AM IST
share
Share Via
As of November 4, 2025, the trend is mildly bearish due to bearish momentum from weekly MACD and KST indicators, despite some daily bullish signals, with overall performance lagging behind the Sensex.
As of 4 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish momentum, while Bollinger Bands confirm a bearish outlook. The daily moving averages show a mildly bullish signal, but this is overshadowed by the overall weekly indicators. The Dow Theory reflects a mixed picture with a mildly bearish weekly stance against a mildly bullish monthly perspective. Overall, the weakness in the stock's performance relative to the Sensex over multiple time frames further supports the bearish sentiment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News