Is Sharda Motor technically bullish or bearish?
As of November 12, 2025, the market trend is mildly bullish, supported by daily moving averages and On-Balance Volume, despite some bearish signals from weekly and monthly MACD and KST indicators.
As of 12 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 a positive trend. However, the weekly and monthly MACD and KST are mildly bearish, suggesting some underlying weakness. The Bollinger Bands show a sideways movement on the weekly chart, while the monthly chart remains bullish. The Dow Theory indicates a mildly bullish trend on the monthly timeframe, and the On-Balance Volume is bullish on both weekly and monthly charts, supporting the overall mildly bullish stance. Despite recent price declines, the longer-term performance remains strong, particularly over 3 and 5 years.
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