Is WPIL technically bullish or bearish?

Nov 08 2025 08:15 AM IST
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As of November 7, 2025, the market trend is mildly bearish due to bearish daily moving averages and monthly Bollinger Bands, despite mixed signals from MACD and RSI across different time frames, indicating a need for caution.
As of 7 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the monthly Bollinger Bands showing a bearish trend. The MACD on a monthly basis is mildly bearish, while the weekly MACD is mildly bullish, indicating mixed signals across time frames. The RSI is bullish on the weekly chart but shows no signal on the monthly, further contributing to the overall mildly bearish outlook. The KST is bullish weekly but mildly bearish monthly, and Dow Theory shows no trend weekly while being mildly bullish monthly. Overall, the bearish indicators are stronger at this time, suggesting caution.
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