Is WPIL technically bullish or bearish?

Nov 09 2025 08:11 AM IST
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As of November 7, 2025, the market trend is mildly bearish due to daily moving averages and monthly Bollinger Bands indicating bearish momentum, despite some mixed signals from weekly indicators.
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. Although the weekly MACD and KST are mildly bullish, the overall sentiment is tempered by the monthly MACD being mildly bearish and the Dow Theory reflecting a mildly bullish stance on the monthly timeframe. The RSI on the weekly is bullish, but the lack of a signal on the monthly suggests caution. The recent price action, with a significant drop from the previous close, further supports the bearish outlook.
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