Is Atul technically bullish or bearish?

Nov 19 2025 08:14 AM IST
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As of November 18, 2025, the technical trend is mildly bearish, driven by bearish MACD readings and Bollinger Bands, despite some bullish signals from Dow Theory and On-Balance Volume.
As of 18 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the weekly and monthly MACD readings, both indicating bearish momentum. The Bollinger Bands also reflect a mildly bearish outlook on both time frames. Daily moving averages support this view, showing a mildly bearish trend. Although Dow Theory presents a mildly bullish signal on the weekly chart, it is countered by a mildly bearish stance on the monthly chart. The On-Balance Volume (OBV) is mildly bullish on both weekly and monthly time frames, suggesting some buying interest, but overall, the bearish indicators dominate the technical picture.
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