Is Ador Welding technically bullish or bearish?

Aug 17 2025 08:03 AM IST
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As of August 14, 2025, Ador Welding's trend has shifted to mildly bearish due to bearish MACD and Bollinger Bands signals, despite mixed Dow Theory indicators and mildly bullish daily moving averages, with the stock underperforming against the Sensex.
As of 14 August 2025, the technical trend for Ador Welding has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by bearish signals in the MACD on both weekly and monthly time frames, and bearish indications from Bollinger Bands on the same time frames. The Dow Theory presents a mixed view with a mildly bearish weekly signal and a mildly bullish monthly signal. The daily moving averages remain mildly bullish, but the overall trend suggests weakness. The stock has underperformed significantly compared to the Sensex over various periods, further supporting the bearish outlook.
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