Is Uttam Sug.Mills technically bullish or bearish?
As of June 20, 2025, Uttam Sug.Mills exhibits a neutral trend with mixed signals: weekly indicators show mild bullishness while monthly indicators lean bearish, indicating a lack of clear direction.
As of 20 June 2025, the technical trend for Uttam Sug.Mills has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is bullish, but the monthly MACD is bearish, indicating a divergence in momentum. The weekly RSI is bearish, while the monthly RSI shows no signal, suggesting weakness in the short term. Moving averages on the daily chart are mildly bullish, providing some support, but the weekly KST is bullish and the monthly KST is bearish, further complicating the outlook. Additionally, the Bollinger Bands indicate a mildly bullish stance on the weekly but bearish on the monthly. Overall, the Dow Theory shows a mildly bearish trend on the weekly and no trend on the monthly, while the OBV is mildly bearish on the weekly and shows no trend on the monthly. This combination of indicators suggests a lack of clear direction, reinforcing the neutral stance.
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