Is TCPL Packaging technically bullish or bearish?

Oct 08 2025 08:09 AM IST
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As of October 7, 2025, the trend is mildly bearish due to a bearish MACD and daily moving average, despite some bullish momentum from the weekly RSI, indicating mixed signals and a lack of strong conviction.
As of 7 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a bearish MACD on the weekly timeframe and a bearish daily moving average. The weekly RSI indicates bullish momentum, but this is countered by a mildly bearish reading from the Bollinger Bands and KST. The Dow Theory shows a mildly bearish trend on the weekly chart, while the monthly indicators reflect no clear trend. Overall, the mixed signals suggest a lack of strong conviction in either direction, reinforcing the mildly bearish outlook.
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