Is Sandesh technically bullish or bearish?
As of November 12, 2025, the market trend is mildly bearish, influenced by mixed signals from indicators like MACD, RSI, and moving averages, despite some bullish signs in the weekly Dow Theory.
As of 12 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The RSI shows no signal on the weekly chart but is bullish on the monthly, suggesting potential strength over a longer time frame. Moving averages are mildly bearish on a daily basis, while the KST is bearish on both weekly and monthly charts. The Dow Theory indicates a mildly bullish stance on the weekly chart, but no trend on the monthly. Overall, while there are some bullish indicators, the prevailing sentiment remains mildly bearish due to the weight of the moving averages and KST.
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