Is Apeejay Surrend. technically bullish or bearish?

Nov 06 2025 08:31 AM IST
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As of November 4, 2025, Apeejay Surrend. has shifted to a bearish technical stance, indicated by a bearish MACD, Bollinger Bands, and moving averages, despite a mildly bullish OBV on the weekly chart.
As of 4 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Apeejay Surrend. is bearish with a strong indication of weakness. Key indicators driving this stance include a bearish MACD on the weekly timeframe, bearish signals from Bollinger Bands on both weekly and monthly timeframes, and a bearish moving average on the daily timeframe. The KST is also bearish on the weekly chart. Although the OBV shows a mildly bullish signal on the weekly, it is countered by a mildly bearish outlook on the monthly. Overall, the combination of these indicators suggests a bearish sentiment in the current market environment.
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