Is Australian Prem technically bullish or bearish?
As of November 17, 2025, the market trend is mildly bearish, indicated by weekly MACD and Bollinger Bands, despite daily moving averages showing mild bullishness, with overall bearish sentiment supported by a recent price decline and underperformance against the Sensex.
As of 17 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and Bollinger Bands both indicating bearish conditions. The daily moving averages show a mildly bullish signal, but this is overshadowed by the bearish signals from the weekly indicators. The OBV is mildly bearish on a monthly basis, further supporting the bearish outlook. Overall, the strength of the bearish sentiment is moderate, influenced by the recent price decline and underperformance compared to the Sensex over multiple time frames.
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