Is Uni Abex Alloy technically bullish or bearish?

Oct 19 2025 08:04 AM IST
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As of October 17, 2025, the market trend is bullish, supported by strong MACD and moving averages, despite a mildly bearish KST signal and Dow Theory indicating a mildly bullish stance.
As of 17 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and moving averages on the daily chart also indicate a bullish trend. Bollinger Bands reflect a bullish sentiment on the monthly and mildly bullish on the weekly. However, the KST shows a mildly bearish signal on both weekly and monthly time frames, which slightly tempers the overall bullish outlook. The Dow Theory supports a mildly bullish stance on both time frames. Overall, the strength of the bullish trend is reinforced by the recent price action, with today's high reaching 3530.00, well above the previous close of 3265.65.
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