Is Indian Energy Ex technically bullish or bearish?

Nov 20 2025 08:12 AM IST
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As of November 19, 2025, Indian Energy Ex shows a bearish trend with moderate strength, supported by bearish moving averages and Bollinger Bands, despite some mixed signals from the MACD and KST indicators.
As of 19 November 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. The weekly MACD is mildly bullish, but the monthly MACD and moving averages are bearish, indicating a lack of strong upward momentum. Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the bearish outlook. The KST shows a mixed signal with weekly mildly bullish and monthly bearish readings, while the Dow Theory indicates a mildly bearish trend on the weekly chart. Overall, the indicators suggest a prevailing bearish sentiment for Indian Energy Ex.
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