Is Bombay Dyeing technically bullish or bearish?

Nov 05 2025 08:33 AM IST
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As of November 4, 2025, Bombay Dyeing's technical trend is mildly bearish, indicated by bearish weekly and monthly MACD and KST, despite a mildly bullish daily moving average.
As of 4 November 2025, the technical trend for Bombay Dyeing has changed from sideways to mildly bearish. The weekly MACD and KST both indicate a mildly bearish stance, while the monthly MACD and KST are bearish. Bollinger Bands are bearish on both weekly and monthly time frames. The daily moving averages show a mildly bullish signal, but this is overshadowed by the overall bearish indicators. The Dow Theory reflects a mildly bearish outlook on the weekly chart, contrasting with a mildly bullish stance on the monthly chart. Given the recent price action, including a decline from the previous close and negative returns over multiple periods, the current technical stance is mildly bearish.
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