Is Empire Inds. technically bullish or bearish?

Nov 16 2025 08:07 AM IST
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As of November 14, 2025, the technical trend is mildly bearish, indicated by bearish momentum from the weekly MACD and KST, alongside mixed signals from Dow Theory and daily moving averages providing slight support.
As of 14 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and KST indicators, both indicating bearish momentum. The monthly MACD is also mildly bearish, reinforcing the overall negative sentiment. The Bollinger Bands on a weekly basis show a mildly bearish trend, while the Dow Theory presents a mixed view with a mildly bullish weekly signal but a mildly bearish monthly signal. Daily moving averages are mildly bullish, providing some counterbalance, but the overall picture remains bearish. The price action shows a decline from the previous close, further supporting the bearish outlook.
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