Is Steelcast technically bullish or bearish?
As of 17 October 2025, the trend is mildly bullish due to daily moving averages, despite mixed signals from weekly indicators and Bollinger Bands.
As of 17 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST are mildly bearish, suggesting some short-term weakness. The Bollinger Bands on the weekly timeframe are also bearish, contrasting with the monthly indicators which remain bullish. Overall, while there are mixed signals, the strength of the daily moving averages supports a mildly bullish outlook.
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