What is the technical trend for Orient Electric?
As of May 16, 2025, Orient Electric's technical trend is mildly bearish, influenced by bearish daily moving averages and mixed signals from the MACD and KST across different time frames.
As of 16 May 2025, the technical trend for Orient Electric has changed from sideways to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD is bearish, indicating mixed signals. The daily moving averages are bearish, supporting the overall bearish stance. The Bollinger Bands show a mildly bullish trend on the weekly chart, yet bearish on the monthly. The KST is bullish weekly but bearish monthly, while the Dow Theory indicates a mildly bearish trend on the weekly and mildly bullish on the monthly. The OBV is mildly bearish on both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and mixed signals from the MACD and KST.
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