Is Universal Cables technically bullish or bearish?

Sep 23 2025 08:13 AM IST
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As of September 22, 2025, the technical trend is bullish with moderate strength, supported by a bullish MACD and moving averages, despite some mixed signals from KST and Dow Theory.
As of 22 September 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on both the weekly and monthly time frames, and bullish moving averages on the daily chart. The Bollinger Bands also indicate a bullish trend on the monthly level. However, the KST and Dow Theory present a mixed view, showing mildly bearish signals on the weekly and monthly time frames. Overall, despite some conflicting indicators, the prevailing bullish trend is supported by strong MACD and moving averages.
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