Is 20 Microns technically bullish or bearish?

Oct 03 2025 08:20 AM IST
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As of October 1, 2025, the market trend has shifted to a neutral stance with mixed signals, as weekly indicators suggest bearish momentum while monthly RSI shows bullish signs, indicating a weak overall performance compared to the Sensex.
As of 1 October 2025, the technical trend has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD and KST are both mildly bearish, while the monthly RSI shows bullish momentum. Daily moving averages indicate a mildly bullish trend, but the overall weekly indicators, including Bollinger Bands and OBV, lean bearish. Given the recent performance, with a significant decline in stock returns compared to the Sensex, the strength of the current neutral stance is weak.
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