Is Senco Gold technically bullish or bearish?

Nov 05 2025 08:34 AM IST
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As of November 4, 2025, Senco Gold's technical trend is mildly bearish, supported by bearish MACD and moving averages, although there are some signs of strength from Dow Theory and OBV.
As of 4 November 2025, the technical trend for Senco Gold has changed from bearish to mildly bearish. The current stance is mildly bearish with key indicators supporting this view. The weekly MACD remains bearish, and the daily moving averages are also bearish. Bollinger Bands indicate a mildly bearish trend on both weekly and monthly time frames. However, there are some signs of strength with the Dow Theory showing a mildly bullish stance on the weekly chart and the On-Balance Volume (OBV) also indicating mild bullishness weekly. Overall, the bearish indicators outweigh the bullish ones, leading to a mildly bearish outlook.
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