Is Apeejay Surrend. technically bullish or bearish?

Oct 24 2025 08:17 AM IST
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As of October 23, 2025, Apeejay Surrend shows a bearish trend with moderate strength, indicated by bearish MACD and moving averages, and has underperformed the Sensex with a year-to-date return of -18.91%.
As of 23 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and the daily moving averages also indicate a bearish trend. Bollinger Bands are showing a mildly bearish signal on both weekly and monthly time frames. The stock has underperformed significantly compared to the Sensex over multiple periods, with a year-to-date return of -18.91% versus the Sensex's 8.21%. Overall, the indicators suggest a negative outlook for Apeejay Surrend.
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