Is Technocraf.Inds. technically bullish or bearish?

Nov 04 2025 08:44 AM IST
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As of November 3, 2025, Technocraf.Inds. shows a mildly bearish trend due to bearish MACD readings and moving averages, despite a mildly bullish signal from Dow Theory, with underperformance compared to the Sensex year-to-date.
As of 3 November 2025, the technical trend for Technocraf.Inds. has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the weekly and monthly MACD readings, which are both bearish to mildly bearish, and the moving averages indicating a mildly bearish trend on the daily timeframe. Additionally, Bollinger Bands on both weekly and monthly charts support this mildly bearish outlook. The Dow Theory shows a mildly bullish signal on the weekly chart, but the overall sentiment remains cautious due to the other indicators. The stock's performance has been underwhelming compared to the Sensex, particularly on a year-to-date basis, where it has declined significantly.
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