Is Amic Forging technically bullish or bearish?

Nov 05 2025 08:34 AM IST
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As of November 4, 2025, Amic Forging's trend has shifted to bullish, supported by strong indicators like a bullish MACD and moving averages, despite some mixed signals from the KST and Dow Theory.
As of 4 November 2025, the technical trend for Amic Forging has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are also bullish. Daily moving averages confirm a bullish trend. However, the weekly KST is mildly bearish and Dow Theory indicates a mildly bullish stance on the weekly but mildly bearish on the monthly. Overall, the strength of the bullish trend is reinforced by recent price action, with the stock showing a 4.5% return over the past week compared to a negative return in the broader market.
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Our weekly and monthly stock recommendations are here
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