Is Indian Energy Ex technically bullish or bearish?

Nov 18 2025 08:33 AM IST
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As of November 17, 2025, the market trend is mildly bearish, with mixed signals from indicators like the weekly MACD showing mild bullishness, while the monthly MACD and daily moving averages confirm a bearish outlook, suggesting weak bearish sentiment with potential for recovery.
As of 17 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating mild bullishness, while the monthly MACD remains bearish. The Bollinger Bands and KST on a weekly basis are also mildly bearish, with the daily moving averages confirming a bearish outlook. The RSI shows no signals in both weekly and monthly time frames, and Dow Theory indicates no trend in either time frame. Overall, the indicators suggest a weak bearish sentiment with some signs of potential recovery in the near term.
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