Is Exide Inds. technically bullish or bearish?

Nov 05 2025 08:31 AM IST
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As of November 4, 2025, the technical trend has shifted to mildly bearish, indicated by bearish MACD and KST signals, negative Bollinger Bands, and underperformance relative to the Sensex, despite mildly bullish daily moving averages.
As of 4 November 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven by the weekly and monthly MACD and KST indicators both showing mildly bearish signals. Additionally, Bollinger Bands are bearish on both weekly and monthly time frames. The daily moving averages remain mildly bullish, but this is overshadowed by the overall bearish indicators. The Dow Theory shows no trend in both weekly and monthly analyses, indicating uncertainty. Overall, the strength of the bearish stance is supported by the negative performance relative to the Sensex over multiple time frames, particularly the 1-month and year-to-date returns.
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