Is Signpost India technically bullish or bearish?

Nov 06 2025 08:31 AM IST
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As of November 4, 2025, the technical trend is mildly bearish, supported by bearish indicators from the MACD, Bollinger Bands, and Dow Theory, despite a weakly bullish signal from daily moving averages and significant underperformance compared to the Sensex.
As of 4 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and Bollinger Bands indicating bearish conditions. The Dow Theory also supports a mildly bearish outlook on both weekly and monthly time frames. The KST is mildly bearish, while the daily moving averages show a mildly bullish signal, which is not strong enough to counter the overall bearish sentiment. The stock has underperformed significantly compared to the Sensex over the past month and year, further reinforcing the bearish outlook.
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