Is Madras Fertilize technically bullish or bearish?
As of November 4, 2025, Madras Fertilizer's technical trend has shifted to a moderate bearish stance, indicated by bearish MACD, Bollinger Bands, and moving averages across multiple time frames, despite a mildly bullish signal from Dow Theory.
As of 4 November 2025, the technical trend has changed from sideways to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include a bearish MACD on both the weekly and monthly time frames, bearish Bollinger Bands across both time frames, and a bearish daily moving average. The KST is also bearish on both weekly and monthly charts. Although the Dow Theory shows a mildly bullish signal on the weekly, the overall bearish indicators suggest a prevailing negative sentiment in the market for Madras Fertilize.
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