Is Sportking India technically bullish or bearish?

Nov 07 2025 08:12 AM IST
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As of November 6, 2025, Sportking India shows a mildly bearish trend, supported by bearish MACD and Bollinger Bands on both weekly and monthly charts, despite a mildly bullish signal from daily moving averages.
As of 6 November 2025, the technical trend for Sportking India has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart. Bollinger Bands also indicate a bearish trend on both the weekly and monthly time frames. The KST aligns with this view, being bearish weekly and mildly bearish monthly. Although the daily moving averages show a mildly bullish signal, the overall sentiment remains bearish due to the prevailing indicators. The stock has underperformed the Sensex across multiple time frames, particularly in the last month and year.
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