Is Carborundum Uni. technically bullish or bearish?

Nov 07 2025 08:14 AM IST
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As of November 6, 2025, Carborundum Uni. exhibits a bearish trend, supported by bearish Bollinger Bands, negative daily moving averages, and mixed MACD signals across different time frames.
As of 6 November 2025, the technical trend for Carborundum Uni. has changed from mildly bearish to bearish. The current technical stance is bearish, with a moderate strength indicated by several key factors. The weekly MACD is mildly bullish, but the monthly MACD is bearish, suggesting mixed signals across time frames. The Bollinger Bands are bearish on both weekly and monthly charts, reinforcing the bearish outlook. Daily moving averages are also bearish, which adds to the negative sentiment. The Dow Theory indicates a mildly bearish stance on both weekly and monthly levels. Overall, the combination of these indicators points to a bearish trend for Carborundum Uni.
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