Is Cupid Breweries technically bullish or bearish?

Nov 04 2025 08:48 AM IST
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As of November 3, 2025, Cupid Breweries shows a neutral technical trend with mixed signals, indicating potential long-term bullishness despite current uncertainty reflected in daily moving averages and Dow Theory.
As of 3 November 2025, the technical trend for Cupid Breweries has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD remains bullish, while the monthly MACD is also bullish, suggesting potential strength in the longer term. However, the daily moving averages indicate a mildly bearish position, which contrasts with the overall trend. The KST shows bearish on the weekly but bullish on the monthly, adding to the mixed signals. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, but the RSI shows no signal in either time frame. Dow Theory indicates no trend in both weekly and monthly analyses. Overall, the technical indicators suggest a neutral stance with some bullish potential in the longer term, but current price action reflects uncertainty.
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