Is Prevest Denpro technically bullish or bearish?
As of November 7, 2025, the technical trend is mildly bearish, supported by bearish signals from the MACD, Dow Theory, and Bollinger Bands, despite a mildly bullish daily moving average.
As of 7 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD and Dow Theory indicators, both indicating a bearish outlook. The Bollinger Bands also reflect a bearish sentiment on both weekly and monthly time frames. Although the daily moving averages show a mildly bullish signal, this is overshadowed by the overall bearish indicators. The stock has underperformed against the Sensex over multiple periods, further supporting the bearish view.
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