Is Pavna Industries technically bullish or bearish?

Nov 17 2025 08:08 AM IST
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As of November 14, 2025, Pavna Industries shows a mildly bearish trend, indicated by bearish MACD and moving averages, while the On-Balance Volume suggests some buying pressure.
As of 14 November 2025, the technical trend for Pavna Industries has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis remains bearish, while the moving averages on a daily basis also indicate a bearish trend. Bollinger Bands show a mildly bearish signal on the weekly timeframe and bearish on the monthly. Dow Theory supports a mildly bearish outlook on both weekly and monthly timeframes. However, the On-Balance Volume (OBV) is bullish on both weekly and monthly, suggesting some buying pressure. Overall, the combination of bearish signals from MACD, moving averages, and Bollinger Bands indicates a weak bearish sentiment despite the bullish OBV.
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