Is Welspun Special. technically bullish or bearish?

Oct 27 2025 08:07 AM IST
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As of October 24, 2025, Welspun Special shows a bullish trend supported by strong weekly MACD and Bollinger Bands, despite some caution from monthly indicators and mixed signals from Dow Theory.
As of 24 October 2025, the technical trend for Welspun Special has changed from mildly bullish to bullish. The current stance is bullish with a strong signal from the weekly MACD and Bollinger Bands, both indicating bullish momentum. The daily moving averages also support this bullish outlook. However, the monthly MACD and KST are mildly bearish, suggesting some caution in the longer term. The Dow Theory presents a mixed view with a mildly bearish weekly signal and a mildly bullish monthly signal. Overall, the strength of the bullish trend is supported by the recent price action, with today's high reaching 38.80, above the previous close of 37.20.
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