Is Waaree Energies technically bullish or bearish?

Oct 28 2025 08:33 AM IST
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As of 27 October 2025, the trend is mildly bullish due to positive daily moving averages and a bullish weekly MACD, but caution is advised as weekly KST and Dow Theory indicate mild bearishness, with no strong signals from the RSI or Bollinger Bands.
As of 27 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum and the weekly MACD remaining bullish. However, the weekly KST and Dow Theory suggest a mildly bearish outlook, indicating some caution. The RSI shows no signal on the weekly timeframe, and Bollinger Bands are sideways, reflecting a lack of strong directional movement. Overall, while there are bullish indicators, the presence of mildly bearish signals suggests a cautious approach.
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