Is Avantel technically bullish or bearish?

Oct 30 2025 08:25 AM IST
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As of 29 October 2025, Avantel's technical trend is bullish, supported by strong monthly indicators like the MACD and moving averages, despite some mixed signals on the weekly timeframe.
As of 29 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and moving averages on the daily are also bullish. Bollinger Bands indicate a bullish trend on the monthly and mildly bullish on the weekly. Although the KST shows a bullish weekly signal, it is mildly bearish on the monthly, and the OBV is mildly bearish weekly but bullish monthly. Overall, the monthly indicators, particularly the MACD and moving averages, suggest a strong bullish sentiment for Avantel in the aerospace and defense industry.
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Our weekly and monthly stock recommendations are here
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