Is Karnika Industri technically bullish or bearish?
As of October 6, 2025, Karnika Industri's trend is mildly bullish, supported by positive daily moving averages and Bollinger Bands, despite some mixed signals from the weekly MACD and Dow Theory.
As of 6 October 2025, the technical trend for Karnika Industri has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating a positive trend and the Bollinger Bands showing mild bullishness on both weekly and monthly time frames. However, the weekly MACD is mildly bearish and the Dow Theory presents a mixed view with a mildly bearish weekly signal but a bullish monthly signal. Overall, while there are some bearish indicators, the prevailing sentiment remains mildly bullish due to the strength in moving averages and Bollinger Bands.
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