Is Divine Power technically bullish or bearish?

Nov 05 2025 08:34 AM IST
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As of November 4, 2025, the trend is bullish with strong indicators like a bullish MACD and positive performance against the Sensex, despite some bearish momentum signals from the RSI.
As of 4 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this position. The weekly MACD is bullish, and both the Dow Theory and On-Balance Volume (OBV) are also bullish on the weekly timeframe. Daily moving averages confirm a bullish trend as well. However, the weekly and monthly RSI readings are bearish, indicating some weakness in momentum. Overall, the strength of the bullish stance is reinforced by the positive performance against the Sensex, with a 1-week return of 10.2% and a year-to-date return of 119.68%.
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