Is Dolat Algotech technically bullish or bearish?

Oct 27 2025 08:07 AM IST
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As of October 24, 2025, the technical trend is bearish with moderate strength, driven by bearish daily moving averages, weekly KST, and Dow Theory, despite a mildly bullish weekly MACD, and the stock's significant underperformance against the Sensex reinforces this outlook.
As of 24 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include the daily moving averages which are bearish, the weekly KST and Dow Theory both indicating bearish conditions, and the monthly MACD showing a bearish signal. Although the weekly MACD is mildly bullish, it is outweighed by the overall bearish signals from other indicators. The stock has also underperformed significantly compared to the Sensex over multiple time frames, reinforcing the bearish outlook.
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