Is Universal Cables technically bullish or bearish?

Nov 15 2025 08:14 AM IST
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As of November 14, 2025, the technical trend is bullish with strong indicators like MACD and Bollinger Bands supporting this view, despite some bearish signals from the RSI and KST.
As of 14 November 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while Bollinger Bands also indicate bullishness across both time frames. Daily moving averages confirm a bullish trend. However, the RSI is bearish on both weekly and monthly charts, suggesting some weakness in momentum. The KST and Dow Theory show mildly bearish and mildly bullish signals respectively on the weekly and monthly time frames. Overall, the strength of the bullish stance is reinforced by the significant returns compared to the Sensex, particularly over longer periods.
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