What is the technical trend for AVI Products?
As of May 30, 2025, AVI Products has shifted to a bearish trend with moderate strength, supported by bearish indicators across multiple time frames, including MACD, Bollinger Bands, and moving averages, along with significant underperformance against the Sensex.
As of 30 May 2025, the technical trend for AVI Products has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the weekly MACD showing mildly bullish but the monthly MACD is bearish, indicating a divergence. The Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the negative outlook. Daily moving averages are also bearish, and both the KST and Dow Theory indicate bearish trends on a weekly and monthly basis. The stock has underperformed significantly against the Sensex over various periods, further supporting the bearish sentiment.
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