Is Sundram Fasten. technically bullish or bearish?

Oct 11 2025 08:09 AM IST
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As of October 10, 2025, the trend is mildly bullish in the short term due to positive daily moving averages and MACD, but caution is advised as longer-term indicators remain bearish.
As of 10 October 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum. However, the weekly MACD is also mildly bullish, suggesting some positive momentum in the short term. Despite this, the monthly indicators, including MACD and KST, remain bearish, indicating potential weakness in the longer term. The Bollinger Bands are sideways on the weekly timeframe, which reflects a lack of strong directional movement. Overall, while there are bullish signals in the short term, the mixed signals from longer-term indicators suggest caution.
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