Is G M Breweries technically bullish or bearish?

Nov 10 2025 08:09 AM IST
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As of November 7, 2025, the trend is bullish with strong indicators like MACD and Bollinger Bands supporting this view, although the weekly RSI indicates short-term weakness.
As of 7 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate bullish momentum on both time frames. Daily moving averages confirm a bullish trend as well. However, the weekly RSI is bearish, suggesting some short-term weakness, while the KST shows a mildly bearish signal on the monthly. Overall, the bullish trend is reinforced by the strong performance relative to the Sensex, particularly over the past month and year.
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