Is Shilchar Tech technically bullish or bearish?

Nov 07 2025 08:12 AM IST
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As of November 6, 2025, the technical trend is bearish with moderate strength, supported by bearish signals from the MACD, KST, and daily moving averages, despite mixed signals from Bollinger Bands and a mildly bearish stance from Dow Theory.
As of 6 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the weekly MACD and KST both showing bearish signals, along with daily moving averages confirming a bearish trend. The Bollinger Bands present a mixed view with a mildly bearish signal on the weekly and bullish on the monthly, but the overall sentiment remains negative. The Dow Theory indicates a mildly bearish stance on the weekly timeframe, further supporting the bearish outlook.
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