Is Thermax technically bullish or bearish?

Nov 05 2025 08:32 AM IST
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As of November 4, 2025, the market trend is mildly bearish, influenced by daily moving averages and weekly KST showing bearish momentum, despite some mixed signals from the MACD and RSI indicators.
As of 4 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish sentiment and the weekly KST showing bearish momentum. The MACD on the weekly is mildly bullish, but the monthly MACD remains mildly bearish, reflecting mixed signals. The RSI on the monthly is bullish, yet the weekly RSI shows no signal, contributing to the overall neutral to bearish outlook. The Bollinger Bands on both weekly and monthly time frames are also mildly bearish. Overall, while there are some bullish indicators in the weekly timeframe, the prevailing sentiment remains mildly bearish due to the stronger bearish signals in other indicators.
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