Is Maithan Alloys technically bullish or bearish?

Nov 18 2025 08:29 AM IST
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As of November 17, 2025, Maithan Alloys shows a mildly bearish trend with bearish indicators across multiple time frames, despite a slightly bullish daily moving average.
As of 17 November 2025, the technical trend for Maithan Alloys has changed from sideways to mildly bearish. The current stance is bearish with a moderate strength. The weekly MACD is bearish, and both the weekly and monthly Bollinger Bands indicate bearish conditions. The KST is mildly bearish on the weekly and bearish on the monthly, while the Dow Theory also reflects a mildly bearish outlook across both time frames. Although the daily moving averages show a mildly bullish signal, this is outweighed by the overall bearish indicators. The stock has underperformed compared to the Sensex across multiple time frames, further supporting the bearish sentiment.
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