Is Tolins Tyres technically bullish or bearish?

Sep 01 2025 08:06 AM IST
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As of August 29, 2025, Tolins Tyres has shifted to a mildly bearish trend, primarily due to bearish daily moving averages, despite some bullish signals from the weekly MACD and OBV.
As of 29 August 2025, the technical trend for Tolins Tyres has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish signal. While the weekly MACD remains mildly bullish and the KST shows bullishness, the overall trend is tempered by the lack of strong signals in the RSI and the sideways movement in Bollinger Bands. Additionally, the Dow Theory indicates no trend on the weekly timeframe, which further supports the neutral to bearish outlook. The OBV shows mild bullishness on both weekly and monthly timeframes, but this is not enough to counter the bearish signals from the moving averages.
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