Is MIC Electronics technically bullish or bearish?

Nov 11 2025 08:13 AM IST
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As of November 10, 2025, the trend is mildly bullish due to positive daily moving averages, but caution is advised as weekly MACD and Bollinger Bands remain bearish, indicating mixed signals overall.
As of 10 November 2025, the technical trend has changed from bearish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating a positive trend. However, the weekly MACD remains bearish, and Bollinger Bands are also bearish across both weekly and monthly time frames, suggesting caution. The KST shows a bullish signal on the weekly but is mildly bearish monthly, while the Dow Theory indicates a mixed outlook with a mildly bearish weekly stance and a mildly bullish monthly perspective. Overall, the strength of the bullish signal is tempered by the bearish indicators present in the longer time frames.
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