Is New India Assura technically bullish or bearish?
As of 31 October 2025, the technical trend is mildly bearish, supported by bearish MACD and KST readings, a bearish monthly Bollinger Bands trend, and underperformance against the Sensex, despite some mixed signals 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 sentiment. The KST is also mildly bearish on the weekly and bearish on the monthly, reinforcing this view. The Bollinger Bands show a bearish trend on the monthly timeframe, while the Dow Theory presents a mixed picture with a mildly bearish weekly stance and a mildly bullish monthly stance. The daily moving averages are mildly bullish, but this is overshadowed by the overall bearish indicators. The stock has underperformed against the Sensex over the past month and year, further supporting the bearish outlook.
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