Is Steelcast technically bullish or bearish?
As of November 19, 2025, the trend has shifted to bullish with moderate strength, supported by positive monthly MACD and moving averages, although caution is advised due to mildly bearish weekly indicators.
As of 19 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include the monthly MACD showing bullish momentum, daily moving averages indicating a bullish trend, and both weekly and monthly Bollinger Bands confirming bullish conditions. However, the weekly MACD and KST are mildly bearish, suggesting some caution in the short term. Overall, the bullish trend is supported by strong performance metrics, including significant returns over various periods compared to the Sensex.
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