Is Apeejay Surrend. technically bullish or bearish?
As of 28 October 2025, the market trend is mildly bearish, indicated by bearish weekly MACD and KST indicators, daily moving averages, and a weak bullish RSI, with Bollinger Bands and OBV also reflecting a lack of upward momentum.
As of 28 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and KST indicators, which are both bearish. The daily moving averages also indicate a bearish trend. While the weekly RSI is bullish, it is not strong enough to counteract the overall bearish signals. The Bollinger Bands and OBV are both mildly bearish on a weekly basis, reinforcing the lack of upward momentum. Overall, the indicators suggest a weak bearish sentiment in the short term.
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