Is Uttam Sug.Mills technically bullish or bearish?

Oct 20 2025 08:05 AM IST
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As of October 17, 2025, Uttam Sug.Mills shows a bearish trend supported by multiple indicators, including bearish MACD and moving averages, despite a mildly bullish signal from Dow Theory.
As of 17 October 2025, the technical trend for Uttam Sug.Mills has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple indicators. The MACD is bearish on both the weekly and monthly time frames, and the moving averages are also bearish on the daily chart. Bollinger Bands show a bearish signal on the weekly and mildly bearish on the monthly. The KST is bearish across both time frames, further confirming the bearish outlook. Although Dow Theory indicates a mildly bullish stance on the weekly, the overall technical indicators suggest a prevailing bearish sentiment.
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