Is Bharat Forge technically bullish or bearish?
As of November 11, 2025, the technical trend is bullish, supported by strong indicators like a bullish weekly MACD and Bollinger Bands, despite some mildly bearish monthly signals.
As of 11 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish, indicating positive momentum. Daily moving averages also confirm a bullish trend. Although the monthly MACD and KST are mildly bearish, the overall strength is bolstered by the weekly Dow Theory showing mildly bullish signals and a bullish monthly OBV. The stock has outperformed the Sensex in the short term, further reinforcing the bullish outlook.
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