Is Magadh Sugar technically bullish or bearish?

Nov 05 2025 08:36 AM IST
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As of November 4, 2025, Magadh Sugar's technical trend is bearish with moderate strength, driven by bearish daily moving averages and Bollinger Bands, while mixed signals from the MACD and KST indicate a lack of bullish momentum, and the stock has underperformed compared to the Sensex over the past year.
As of 4 November 2025, the technical trend for Magadh Sugar has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages indicating bearishness, and both the weekly and monthly Bollinger Bands also signaling bearish conditions. The MACD shows a mildly bullish signal on the weekly timeframe but is mildly bearish on the monthly, suggesting mixed signals. The KST is mildly bullish weekly but bearish monthly, adding to the overall bearish outlook. The stock has underperformed significantly compared to the Sensex over various time frames, particularly in the 1Y and YTD periods.
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