Is Universal Cables technically bullish or bearish?

Nov 17 2025 08:07 AM IST
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As of November 14, 2025, the trend is bullish with strong indicators like MACD and Bollinger Bands supporting this view, although the RSI shows some bearish signals, indicating mixed overall strength.
As of 14 November 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 weekly and monthly time frames, and Bollinger Bands also confirm a bullish trend on both time frames. The daily moving averages are bullish, further reinforcing the positive outlook. However, the RSI shows bearish signals on both weekly and monthly time frames, indicating some potential weakness. The KST and Dow Theory are mildly bearish and mildly bullish respectively on the weekly and monthly, suggesting mixed signals. Overall, the strength of the bullish trend is supported by the significant price increase from the previous close, and the strong performance relative to the Sensex over various periods.
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