Is Indraprastha Gas technically bullish or bearish?

Nov 20 2025 08:11 AM IST
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As of November 19, 2025, Indraprastha Gas shows a neutral technical trend with mixed signals, indicating a cautious outlook due to conflicting MACD trends and bearish indicators on shorter time frames, despite strong performance over the past year.
As of 19 November 2025, the technical trend for Indraprastha Gas has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is mildly bearish, while the monthly MACD is mildly bullish, indicating conflicting trends. The Bollinger Bands and KST are bearish on both weekly and monthly charts, reinforcing a bearish sentiment. Moving averages on the daily chart show a mildly bullish signal, but overall, the lack of clear momentum in the RSI and the Dow Theory's indication of a mildly bearish weekly trend suggest a cautious outlook. The stock has underperformed compared to the Sensex over the past week and month, but it has shown strong performance over the past year. Overall, the technical indicators suggest a neutral stance with bearish tendencies dominating in the shorter term.
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