Is Chemplast Sanmar technically bullish or bearish?

Nov 11 2025 08:13 AM IST
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As of November 10, 2025, Chemplast Sanmar's technical trend has shifted to a bearish stance with moderate strength, indicated by bearish weekly MACD, moving averages, and Bollinger Bands, despite some bullish divergence in the monthly RSI.
As of 10 November 2025, the technical trend for Chemplast Sanmar has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and the daily moving averages also indicate a bearish trend. Additionally, the Bollinger Bands and KST on a weekly basis are both bearish. The RSI shows no signal on the weekly timeframe, while it is bullish on the monthly, indicating some divergence. Overall, the bearish indicators on the weekly charts suggest a prevailing downward momentum.
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