Is Andhra Paper technically bullish or bearish?

Nov 08 2025 08:13 AM IST
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As of November 7, 2025, the technical trend is mildly bearish due to bearish signals from the MACD, Bollinger Bands, and KST, despite some mildly bullish daily moving averages, with the stock underperforming the Sensex.
As of 7 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by bearish signals from the MACD and Bollinger Bands on both weekly and monthly time frames. The KST also indicates bearish momentum, while the Dow Theory supports a mildly bearish outlook. Although the daily moving averages show a mildly bullish signal, the overall trend is dominated by the bearish indicators. The stock has underperformed significantly compared to the Sensex over various periods, further reinforcing the bearish sentiment.
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