Is TVS Elec. technically bullish or bearish?

Nov 08 2025 08:14 AM IST
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As of November 7, 2025, the trend is bullish, supported by positive MACD and moving averages, although the weekly RSI indicates some short-term weakness.
As of 7 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong foundation from multiple indicators. The MACD is bullish on both the weekly and monthly time frames, reinforcing the upward momentum. Moving averages on the daily chart also indicate bullish sentiment. The KST supports this bullish outlook on both weekly and monthly levels. However, the weekly RSI is bearish, suggesting some short-term weakness, while the monthly RSI shows no signal. Bollinger Bands indicate a mildly bullish trend on both weekly and monthly charts. Overall, the strength of the bullish stance is supported by the moving averages and MACD, despite some mixed signals from the RSI.
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