Is Kovai Medical technically bullish or bearish?

Nov 04 2025 08:46 AM IST
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As of November 3, 2025, Kovai Medical's technical trend is neutral with mixed signals, showing mild bearishness on MACD and KST, while Bollinger Bands indicate a sideways trend, reflecting market indecision.
As of 3 November 2025, the technical trend for Kovai Medical has changed from mildly bullish to sideways. The current technical stance is neutral, with a mix of indicators showing mild bearishness and some sideways movement. The MACD is mildly bearish on both weekly and monthly time frames, while the KST also reflects mild bearishness. The Bollinger Bands indicate a sideways trend on the weekly chart and mildly bullish on the monthly chart. Daily moving averages show a mildly bullish stance, but overall, the Dow Theory suggests a mildly bearish outlook on the weekly time frame. Given these mixed signals, the strength of the current trend is weak, indicating indecision in the market.
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