Is 20 Microns technically bullish or bearish?

Nov 17 2025 08:07 AM IST
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As of November 14, 2025, the technical trend has shifted to bearish, driven by bearish MACD, Bollinger Bands, and moving averages, despite some bullishness in the monthly RSI.
As of 14 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST and Dow Theory also indicate bearish conditions on the weekly charts. Although the monthly RSI shows bullishness, it is overshadowed by the overall bearish signals in the shorter time frames and the recent price action, which reflects a significant decline from the previous close.
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