Is Techno Elec.Engg technically bullish or bearish?

Oct 08 2025 08:08 AM IST
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As of October 7, 2025, the technical trend is mildly bearish, supported by bearish signals from the weekly and monthly MACD, Bollinger Bands, and KST, despite daily moving averages showing mild bullishness.
As of 7 October 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the weekly and monthly MACD indicating a bearish outlook, along with Bollinger Bands showing a bearish trend on the weekly and mildly bearish on the monthly. The KST also aligns with this sentiment, being mildly bearish on both time frames. While daily moving averages are mildly bullish, they are not strong enough to offset the bearish indicators from the longer time frames. The RSI shows no significant signals, and Dow Theory reflects a mildly bearish stance on the weekly chart. Overall, the strength of the bearish sentiment is moderate, influenced by the prevailing trends across multiple indicators.
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