Is Summit Securitie technically bullish or bearish?

Nov 20 2025 08:10 AM IST
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As of November 19, 2025, the technical trend has shifted to a bearish stance, supported by mildly bearish MACD and Bollinger Bands on weekly and monthly time frames, despite some mixed signals from the KST and daily moving averages.
As of 19 November 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators supporting this view. The MACD is mildly bearish on both the weekly and monthly time frames, while Bollinger Bands also indicate a bearish trend on both time frames. The KST shows a mixed signal with bullish weekly momentum but mildly bearish monthly momentum. Moving averages are mildly bullish on the daily time frame, but this is overshadowed by the overall bearish signals from the weekly and monthly indicators. The stock has underperformed significantly against the Sensex over multiple periods, further reinforcing the bearish outlook.
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