Is Thejo Engg. technically bullish or bearish?
As of 16 October 2025, the market trend is neutral with mixed signals; while weekly MACD and KST are bearish, the weekly RSI shows short-term strength, and daily moving averages suggest a mildly bullish outlook, but overall, the indicators reflect market indecision.
As of 16 October 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD and KST are bearish, while the weekly RSI is bullish, suggesting some short-term strength. Daily moving averages indicate a mildly bullish outlook, but the monthly indicators remain predominantly bearish, including the MACD and Bollinger Bands. Overall, the strength of the current stance is weak, reflecting indecision in the market.
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