Is Ester Industries technically bullish or bearish?
As of November 14, 2025, the market trend is bearish with moderate strength, driven by bearish signals from daily moving averages, Bollinger Bands, and monthly MACD, despite a mildly bullish weekly KST, and the stock's underperformance against the Sensex reinforces this outlook.
As of 14 November 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the bearish signals from the daily moving averages and Bollinger Bands, alongside the monthly MACD being bearish. The weekly KST is mildly bullish, but overall, the bearish trend is reinforced by the Dow Theory indicating a mildly bearish stance on the weekly timeframe. The stock has also underperformed significantly against the Sensex over multiple time frames, further supporting the bearish outlook.
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