Is The Hi-Tech Gear technically bullish or bearish?

Aug 16 2025 08:07 AM IST
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As of 14 August 2025, The Hi-Tech Gear's technical trend has shifted to sideways with a bearish stance, indicated by weekly MACD and Bollinger Bands, despite some bullish signals from the daily moving averages and mixed views from Dow Theory.
As of 14 August 2025, the technical trend for The Hi-Tech Gear has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators driving this conclusion being the weekly MACD and Bollinger Bands, both indicating bearish conditions. The weekly KST shows bullishness, but it is countered by the monthly KST being mildly bearish. The Dow Theory presents a mixed view with weekly signals mildly bearish and monthly signals mildly bullish. Overall, the daily moving averages are mildly bullish, but the prevailing bearish signals from the weekly indicators suggest a lack of upward momentum.
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