Is Bengal & Assam technically bullish or bearish?
As of October 1, 2025, the market trend is mildly bearish, indicated by mixed MACD signals, bearish Bollinger Bands, and underperformance against the Sensex, suggesting caution in the current environment.
As of 1 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD showing mixed signals, with the weekly being bullish and the monthly mildly bearish. The Bollinger Bands indicate bearish conditions on both weekly and monthly time frames. Moving averages on the daily chart are mildly bullish, but the KST and Dow Theory both reflect a mildly bearish outlook on both weekly and monthly charts. The stock has underperformed against the Sensex in the short term, with a significant decline in returns over the past month and year. Overall, the bearish indicators suggest caution in the current market environment.
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