Is Andhra Paper technically bullish or bearish?

Nov 20 2025 08:10 AM IST
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As of November 19, 2025, Andhra Paper's technical trend is bearish, indicated by negative MACD readings, bearish Bollinger Bands, and underperformance against the Sensex.
As of 19 November 2025, the technical trend has changed from mildly bearish to bearish. The current stance for Andhra Paper is bearish with a strong indication of weakness. Key indicators driving this assessment include bearish readings on the MACD across both weekly and monthly time frames, as well as bearish signals from Bollinger Bands and KST. The daily moving averages also confirm a bearish outlook. While the Dow Theory shows a mildly bearish stance on a weekly and monthly basis, the overall technical picture remains negative, particularly given the significant underperformance compared to the Sensex over various periods.
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