Is Steel Str. Wheel technically bullish or bearish?
As of July 3, 2025, the technical trend is bullish, supported by strong indicators like a bullish MACD and moving averages, though the monthly RSI shows potential weakness.
As of 3 July 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish, with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while the daily moving averages also indicate a bullish trend. The Bollinger Bands show a mildly bullish stance on both weekly and monthly charts, and the KST is bullish on the weekly but bearish on the monthly, suggesting some divergence. The Dow Theory reflects a mildly bullish outlook on both time frames. However, the RSI on the monthly chart is bearish, indicating potential weakness. Overall, the strength of the bullish stance is supported by the positive performance over the year-to-date and one-month periods compared to the Sensex.
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