Is Eureka Forbes technically bullish or bearish?

Nov 19 2025 08:17 AM IST
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As of November 18, 2025, the trend is bullish with moderate strength, supported by bullish MACD and moving averages, though caution is advised due to some bearish signals in the monthly MACD and Dow Theory.
As of 18 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish daily moving averages, and a bullish OBV on both weekly and monthly timeframes. However, the monthly MACD and Dow Theory show mildly bearish signals, indicating some caution. The Bollinger Bands are bullish on the monthly but sideways on the weekly, suggesting mixed signals in the short term. Overall, while there are some bearish indicators, the prevailing trend is bullish.
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