Is Indigo Paints technically bullish or bearish?
As of November 10, 2025, Indigo Paints shows a mildly bearish trend overall, with mixed signals from various indicators including bearish MACD on the weekly and mildly bearish on the monthly, despite some bullish signals from Bollinger Bands.
As of 10 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The MACD on the weekly timeframe remains bearish, while the monthly MACD is mildly bearish. The moving averages on the daily chart also indicate a mildly bearish trend. Although the Bollinger Bands show a bullish signal on the weekly timeframe, the monthly perspective is mildly bearish. Dow Theory reflects a mildly bullish stance on the weekly chart but is mildly bearish on the monthly. Overall, the mixed signals suggest a cautious outlook for Indigo Paints.
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