What is the technical trend for BSL?

Jun 09 2025 06:19 PM IST
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As of May 28, 2025, BSL's technical trend has shifted to bearish, supported by negative signals from the MACD, Bollinger Bands, and daily moving averages, despite a mildly bullish KST on the weekly timeframe.
As of 28 May 2025, the technical trend for BSL has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from the weekly MACD and Bollinger Bands both signaling bearish trends. The daily moving averages also confirm a bearish outlook. The KST shows a mildly bullish signal on the weekly timeframe, but this is overshadowed by the overall bearish sentiment. The Dow Theory reflects a mildly bearish stance on both weekly and monthly bases. Overall, the indicators suggest a strong bearish trend in the short term, with no significant bullish signals present.
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