Is Balu Forge technically bullish or bearish?

Nov 20 2025 08:11 AM IST
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As of November 19, 2025, Balu Forge's technical trend is neutral with mixed indicators, showing a mildly bearish weekly MACD, a mildly bullish monthly MACD, and conflicting signals from the RSI and Bollinger Bands, indicating no clear direction.
As of 19 November 2025, the technical trend for Balu Forge has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing this position. The weekly MACD remains bearish, while the monthly MACD is mildly bearish, indicating a lack of strong upward momentum. The RSI shows no signals in both weekly and monthly time frames, suggesting indecision in price movement. The Bollinger Bands present a mildly bearish outlook on the weekly chart but are mildly bullish on the monthly chart, reflecting conflicting trends. Daily moving averages are mildly bullish, providing some support. Overall, the combination of these indicators suggests a neutral stance with no clear direction at this time.
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