Is Mangalore Chem. technically bullish or bearish?

Nov 08 2025 08:15 AM IST
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As of November 7, 2025, Mangalore Chem. shows a neutral technical trend with a current price of 307.00, slightly below the previous close, and a recent decline of 6.63%, despite strong historical performance over longer periods.
As of 7 November 2025, the technical trend for Mangalore Chem. has changed from mildly bullish to does not qualify. This indicates a neutral stance with no clear bullish or bearish signal at this time. The current price is 307.00, slightly below the previous close of 308.40, and the stock has shown a decline over the past month of 6.63%, contrasting with a positive return of 1.57% for the Sensex. The significant returns over longer periods (YTD 99.67%, 1Y 100.65%, 3Y 258.23%, 5Y 885.55%) suggest strong historical performance, but the recent trend indicates a lack of momentum. Overall, the current technical stance is neutral with weak indicators.
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