Is Steel Exchange technically bullish or bearish?
As of November 10, 2025, the trend has shifted to mildly bullish, supported by daily moving averages, though caution is advised due to mixed signals from weekly and monthly indicators.
As of 10 November 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST remain mildly bearish, suggesting caution. The monthly MACD is mildly bullish, which adds some strength to the bullish outlook. The Bollinger Bands on the weekly and monthly charts indicate bearish pressure, while the monthly OBV shows bullish activity. Overall, the mixed signals across different time frames highlight a cautious bullish sentiment.
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