Is Kitex Garments technically bullish or bearish?

Nov 19 2025 08:14 AM IST
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As of November 18, 2025, Kitex Garments shows a mildly bullish trend based on weekly indicators, despite some caution from bearish signals in the monthly MACD and daily moving averages.
As of 18 November 2025, the technical trend for Kitex Garments has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, supported by bullish signals from the Bollinger Bands and On-Balance Volume (OBV) on both weekly and monthly time frames. However, the monthly MACD and KST are mildly bearish, and the daily moving averages are also mildly bearish, which introduces some caution. Overall, the current technical stance is mildly bullish, driven primarily by the positive momentum in the weekly indicators despite some bearish signals in the longer time frames.
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