Is Mac Charles(I) technically bullish or bearish?

Nov 19 2025 08:16 AM IST
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As of November 18, 2025, Mac Charles(I) has shifted to a bullish trend with moderate strength, supported by positive monthly MACD and moving averages, though caution is advised due to mildly bearish weekly indicators.
As of 18 November 2025, the technical trend for Mac Charles(I) has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators supporting this include the monthly MACD being bullish, daily moving averages indicating bullishness, and both weekly and monthly Bollinger Bands showing bullish signals. However, the weekly MACD and KST are mildly bearish, suggesting some caution in the short term. Overall, the bullish trend is reinforced by the company's strong performance relative to the Sensex over various time frames, particularly in the 1Y and 5Y periods.
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