Is Bharat Forge technically bullish or bearish?
As of September 26, 2025, the technical trend is bearish with moderate strength, driven by bearish daily moving averages and indicators, despite a mildly bullish weekly Dow Theory signal.
As of 26 September 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages which are bearish, the weekly KST and Bollinger Bands also indicating bearish conditions, and the monthly MACD showing a mildly bearish trend. Despite a mildly bullish signal from the weekly Dow Theory, the overall sentiment remains negative, particularly with the stock's recent performance against the Sensex, showing a significant decline over the past year.
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