What is the technical trend for Glittek Granites?
As of May 23, 2025, Glittek Granites shows a mildly bullish trend supported by bullish MACD and moving averages, despite recent price weakness and lack of momentum indicated by the RSI.
As of 23 May 2025, the technical trend for Glittek Granites has changed from bullish to mildly bullish. The weekly MACD, Bollinger Bands, and KST indicators are all bullish, supporting a positive outlook in the short term. However, the RSI shows no signal on both weekly and monthly time frames, indicating a lack of momentum. The daily moving averages remain bullish, but the Dow Theory reflects a mildly bullish stance on both weekly and monthly levels. The current price of 5.47 is below the previous close of 6.05, suggesting some weakness. Overall, the trend is mildly bullish, driven primarily by the bullish signals from MACD and moving averages, despite recent price declines.
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