What is the technical trend for SRM Energy Ltd?
As of April 25, 2025, SRM Energy Ltd shows a mildly bearish technical trend, with mixed signals from MACD and Bollinger Bands, while daily moving averages contribute to the overall bearish outlook.
As of 25 April 2025, the technical trend for SRM Energy Ltd 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 show a mildly bullish trend on the weekly chart but bearish on the monthly, further contributing to the overall mildly bearish outlook. Daily moving averages are also mildly bearish, and the KST reflects a mildly bullish trend weekly but is mildly bearish monthly. The Dow Theory indicates a mildly bullish trend on the weekly timeframe, but no trend is present on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from MACD and Bollinger Bands.
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