Is TBO Tek technically bullish or bearish?
As of 31 October 2025, the trend is mildly bullish due to positive weekly MACD and RSI indicators, but mixed signals, including a mildly bearish weekly Dow Theory and underperformance against the Sensex, suggest caution.
As of 31 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and RSI indicators, both of which are bullish. The daily moving averages also indicate a mildly bullish trend. However, the weekly Dow Theory shows a mildly bearish signal, which tempers the overall bullish outlook. The stock has underperformed compared to the Sensex over various time frames, particularly year-to-date and over the past year, indicating some weakness. Overall, while there are bullish signals present, the mixed indicators suggest caution.
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