Is Danish Power technically bullish or bearish?

Nov 06 2025 08:31 AM IST
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As of November 4, 2025, Danish Power's trend has shifted to mildly bearish, indicated by bearish MACD and KST on weekly charts, along with daily moving averages and Bollinger Bands reflecting a weak bearish sentiment.
As of 4 November 2025, the technical trend for Danish Power has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis remains bearish, while the moving averages on a daily time-frame also indicate a mildly bearish trend. Additionally, Bollinger Bands on a weekly basis reflect a mildly bearish sentiment. The KST is bearish on the weekly chart, contributing to the overall bearish outlook. The Dow Theory shows a mildly bearish stance on the weekly chart, with no trend observed on the monthly chart. Overall, the combination of these indicators suggests a weak bearish sentiment in the current market environment.
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