Is Tolins Tyres technically bullish or bearish?
As of November 6, 2025, the trend is bullish with moderate strength, supported by positive indicators like a bullish MACD and moving averages, although caution is advised due to mixed signals from Dow Theory and a recent 4% decline.
As of 6 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators supporting this include a bullish MACD on the weekly chart, bullish moving averages on the daily timeframe, and a bullish KST on the weekly chart. The On-Balance Volume (OBV) is also bullish on both weekly and monthly timeframes. However, the Dow Theory indicates a mildly bullish stance on the weekly and mildly bearish on the monthly, suggesting some caution. Overall, the bullish trend is reinforced by the recent price action, with today's high at 195.30 and the current price at 181.05, though the stock has seen a decline of 4% over the past week.
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