Goodyear India's Stock Shows Mixed Technical Trends Amid Market Challenges

Goodyear India, a player in the Tyres & Rubber Products industry, has recently undergone an evaluation revision reflecting its current market dynamics. The company's stock is currently priced at 980.85, showing a slight increase from the previous close of 979.10. Over the past year, Goodyear India has faced challenges, with a return of -11.86%, contrasting with a modest 2.41% gain in the Sensex during the same period.
The technical summary indicates a mixed performance across various indicators. While the daily moving averages suggest a bullish sentiment, the weekly MACD and KST point towards a mildly bearish outlook. The Bollinger Bands and Dow Theory also reflect a sideways trend in the short term, with no clear signals from the RSI or OBV.

In terms of price movement, Goodyear India has seen a 52-week high of 1,137.00 and a low of 806.00, with today's trading range between 970.00 and 996.00. The company's performance over different time frames shows a notable decline in the short to medium term, particularly when compared to the Sensex, which highlights the challenges faced by Goodyear India in the current market environment.