Is Jindal Drilling technically bullish or bearish?
As of November 18, 2025, Jindal Drilling's technical trend is mildly bearish, supported by mixed MACD signals and consistent bearish indicators across Bollinger Bands, KST, moving averages, Dow Theory, and OBV.
As of 18 November 2025, the technical trend for Jindal Drilling has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The Bollinger Bands and KST are both mildly bearish on both weekly and monthly time frames. Moving averages on a daily basis also reflect a mildly bearish trend. Additionally, the Dow Theory and OBV indicate a mildly bearish stance on both weekly and monthly charts. Overall, the strength of the bearish sentiment is supported by the prevailing indicators, despite a recent price increase.
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