Is Universal Cables technically bullish or bearish?

Sep 24 2025 08:13 AM IST
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As of September 23, 2025, Universal Cables shows a mildly bullish trend supported by daily moving averages, though caution is advised due to mixed signals from weekly indicators and a mildly bearish monthly outlook.
As of 23 September 2025, the technical trend for Universal Cables has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST are mildly bearish, suggesting some caution in the short term. The Bollinger Bands on both weekly and monthly time frames are bullish, reinforcing the overall positive outlook. The Dow Theory shows a mildly bullish trend on the weekly chart, while the monthly remains mildly bearish. The RSI shows no signals in both weekly and monthly time frames, indicating a lack of strong momentum. Overall, while there are mixed signals, the daily indicators provide a stronger bullish case.
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