Is New India Assura technically bullish or bearish?
As of October 31, 2025, the technical trend is mildly bearish, supported by bearish MACD readings, KST signals, and Bollinger Bands, despite some mixed indicators from Dow Theory and daily moving averages.
As of 31 October 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a bearish outlook. The KST also supports this with a mildly bearish signal on the weekly and bearish on the monthly. The Bollinger Bands show a bearish trend on the monthly timeframe, while the Dow Theory presents a mixed view with a mildly bearish weekly signal and a mildly bullish monthly signal. The daily moving averages are mildly bullish, but this is overshadowed by the overall bearish indicators. The RSI shows no signals on both weekly and monthly timeframes, indicating a lack of momentum. Overall, the strength of the bearish stance is moderate, influenced by multiple indicators pointing towards weakness in the stock's performance.
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