Is Varroc Engineer technically bullish or bearish?

Nov 09 2025 08:12 AM IST
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As of November 7, 2025, Varroc Engineer's trend is bullish with moderate strength, supported by bullish MACD, Bollinger Bands, and moving averages, though caution is advised due to a bearish weekly RSI and mixed signals from Dow Theory.
As of 7 November 2025, the technical trend for Varroc Engineer has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators supporting this include a bullish MACD on both weekly and monthly time frames, bullish Bollinger Bands on both weekly and monthly, and bullish moving averages on the daily chart. However, the weekly RSI is bearish, which suggests some caution, and the Dow Theory indicates a mildly bullish stance on the weekly but mildly bearish on the monthly. Overall, the bullish trend is reinforced by recent price action, with the stock showing a strong return compared to the Sensex over multiple periods.
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