Is Gulshan Polyols technically bullish or bearish?

Nov 08 2025 08:14 AM IST
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As of November 7, 2025, Gulshan Polyols exhibits a mildly bearish trend due to bearish MACD readings and Bollinger Bands, despite some underlying strength indicated by the Dow Theory and On-Balance Volume.
As of 7 November 2025, the technical trend for Gulshan Polyols has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly and monthly MACD readings, both indicating bearish momentum. The Bollinger Bands also reflect a mildly bearish outlook on both time frames. Daily moving averages confirm a mildly bearish trend as well. However, the Dow Theory shows a mildly bullish signal on the weekly chart, and the On-Balance Volume (OBV) indicates mild bullishness on both weekly and monthly charts, suggesting some underlying strength. Overall, the bearish indicators outweigh the bullish signals, leading to a mildly bearish stance.
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