Is Pennar Industrie 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 daily moving averages and monthly MACD signals, but caution is advised due to mixed signals from weekly indicators and Bollinger Bands.
As of 10 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating mild bullishness and the monthly MACD showing a bullish signal. However, the weekly MACD and KST are mildly bearish, which suggests some caution. The Bollinger Bands are bearish on the weekly but mildly bullish on the monthly, adding to the mixed signals. Overall, while there are some bullish indicators, the presence of bearish signals in the weekly timeframe indicates a lack of strong conviction in the bullish trend.
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