Is Prevest Denpro technically bullish or bearish?

Nov 08 2025 08:15 AM IST
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As of November 7, 2025, Prevest Denpro's technical trend is mildly bearish, supported by bearish MACD readings, Bollinger Bands, and Dow Theory, despite some mixed signals from daily moving averages and KST indicators.
As of 7 November 2025, the technical trend for Prevest Denpro has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. Both the weekly and monthly MACD readings are mildly bearish, and Bollinger Bands indicate a bearish trend on both time frames. The Dow Theory also supports a mildly bearish outlook on both weekly and monthly charts. Although the daily moving averages show a mildly bullish signal, this is overshadowed by the overall bearish sentiment in the longer time frames. The KST indicates a mixed signal with a bullish monthly reading but a mildly bearish weekly reading. Overall, the combination of these indicators suggests a prevailing bearish sentiment in the market for Prevest Denpro.
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