Is Amic Forging technically bullish or bearish?
As of November 4, 2025, the technical trend is bullish, supported by strong indicators like a bullish MACD and moving averages, despite a mildly bearish KST and mixed signals from Dow Theory.
As of 4 November 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The MACD is bullish on the weekly timeframe, and both the weekly and monthly Bollinger Bands are bullish. Daily moving averages also confirm a bullish trend. However, the KST on a weekly basis is mildly bearish, and Dow Theory indicates a mildly bullish stance on the weekly while being mildly bearish on the monthly. Overall, the strength of the bullish trend is reinforced by the recent price action, with today's high surpassing the previous close and a significant return compared to the Sensex over various periods.
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