Is Australian Prem technically bullish or bearish?

Nov 09 2025 08:12 AM IST
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As of November 7, 2025, the trend is mildly bullish due to daily moving averages, though caution is advised as weekly MACD and KST remain bearish.
As of 7 November 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by daily moving averages indicating bullish momentum. However, the weekly MACD and KST remain bearish, which suggests caution. The Bollinger Bands on a monthly basis are also mildly bullish, supporting the overall positive outlook. Despite the recent performance lagging behind the Sensex, the combination of indicators points to a cautiously optimistic sentiment in the short term.
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