What is the technical trend for Bengal & Assam?
As of May 5, 2025, the market trend is mildly bearish, indicated by daily moving averages and weekly Bollinger Bands, despite mixed signals from the MACD and KST, suggesting overall market indecision.
As of 5 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating a bearish sentiment and weekly Bollinger Bands also showing a bearish trend. The MACD presents a mixed picture with a mildly bullish signal on the weekly chart but a mildly bearish signal on the monthly chart. The KST aligns with this, being mildly bullish weekly but bearish monthly. Overall, the lack of clear signals from the RSI and Dow Theory suggests indecision in the market, reinforcing the mildly bearish outlook.
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