Is Everest Inds. technically bullish or bearish?

Nov 04 2025 08:46 AM IST
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As of November 3, 2025, Everest Inds. exhibits a mildly bearish technical trend, supported by bearish MACD and Bollinger Bands, despite a mildly bullish daily moving average, with a year-to-date return of -23.93% compared to the Sensex.
As of 3 November 2025, the technical trend for Everest Inds. has changed from mildly bullish to mildly bearish. The weekly MACD is mildly bearish, and the monthly MACD is bearish, indicating a weakening momentum. Bollinger Bands are bearish on both weekly and monthly time frames, further supporting the bearish stance. The KST is also mildly bearish weekly and bearish monthly. Although the daily moving averages show a mildly bullish signal, this is overshadowed by the overall bearish indicators. The stock has underperformed significantly compared to the Sensex across multiple time frames, particularly with a year-to-date return of -23.93%. Overall, the current technical stance is mildly bearish, driven primarily by the MACD and Bollinger Bands.
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