Is 20 Microns technically bullish or bearish?

Nov 16 2025 08:07 AM IST
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As of November 14, 2025, the technical trend has shifted to a bearish stance, supported by bearish indicators such as the MACD, Bollinger Bands, and moving averages, along with significant underperformance against the Sensex.
As of 14 November 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish Bollinger Bands across both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST and OBV also reflect bearish conditions on the weekly, while the Dow Theory indicates a mildly bearish trend on both weekly and monthly levels. The stock has underperformed significantly against the Sensex over various time frames, further supporting the bearish outlook.
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