Is Universal Cables technically bullish or bearish?

Nov 19 2025 08:16 AM IST
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As of November 18, 2025, the trend is bullish with moderate strength, supported by a bullish MACD and moving averages, although the RSI indicates some momentum weakness and mixed longer-term signals.
As of 18 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators supporting this include a bullish MACD on both weekly and monthly time frames, bullish Bollinger Bands, and a bullish daily moving average. However, the RSI shows bearish signals on both weekly and monthly time frames, indicating some weakness in momentum. The KST and Dow Theory are mildly bearish and mildly bullish respectively, suggesting mixed signals in the longer term. Overall, the bullish trend is reinforced by strong performance metrics, including significant returns over various periods compared to the Sensex.
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