What is the technical trend for Shree Metalloys?

Jun 09 2025 05:47 PM IST
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As of May 9, 2025, Shree Metalloys shows a mildly bearish technical trend, with mixed signals from MACD and KST indicators, while Bollinger Bands suggest some upward momentum.
As of 9 May 2025, the technical trend for Shree Metalloys has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals. The Bollinger Bands are bullish on both weekly and monthly time frames, which supports some upward momentum. However, the daily moving averages are mildly bearish, indicating short-term weakness. The KST shows a mildly bullish trend weekly but is mildly bearish monthly, further contributing to the mixed outlook. Dow Theory indicates no trend on the weekly chart and a mildly bearish stance on the monthly chart. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly KST.
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