Is Summit Securitie technically bullish or bearish?

Nov 07 2025 08:12 AM IST
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As of November 6, 2025, the market trend is mildly bullish, supported by bullish weekly MACD and KST indicators, while long-term performance remains strong despite recent price declines.
As of 6 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish overall, supported by the weekly MACD and KST indicators which are bullish, while the monthly MACD and KST are mildly bearish. The Bollinger Bands are also indicating a mildly bullish trend on both weekly and monthly time frames. Daily moving averages show a mildly bullish signal. However, the RSI shows no signal on both weekly and monthly time frames, indicating a lack of momentum. Despite the recent price decline, the long-term performance remains strong with significant gains over 3, 5, and 10 years compared to the Sensex.
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