Is Amic Forging technically bullish or bearish?

Nov 20 2025 08:12 AM IST
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As of November 19, 2025, Amic Forging's trend has shifted to bullish with moderate strength, supported by positive indicators like a bullish MACD and moving averages, though caution is advised due to mixed signals from Dow Theory.
As of 19 November 2025, the technical trend for Amic Forging has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators supporting this include a bullish MACD on the weekly timeframe, bullish moving averages on the daily timeframe, and a bullish signal from the Bollinger Bands on the monthly timeframe. However, the Dow Theory indicates a mildly bullish stance on the weekly and mildly bearish on the monthly, suggesting some caution. Overall, the bullish trend is reinforced by recent price action, with today's high surpassing the previous close.
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