Is Bharat Parenter. technically bullish or bearish?
As of September 24, 2025, the technical trend is mildly bearish, supported by bearish MACD readings and Bollinger Bands, despite a mildly bullish signal from daily moving averages, with the stock underperforming against the Sensex.
As of 24 September 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a bearish momentum. The Bollinger Bands also reflect a bearish outlook on both time frames. Although the daily moving averages show a mildly bullish signal, the overall indicators, including KST and Dow Theory on the weekly, support a bearish sentiment. The stock has underperformed significantly against the Sensex over the past month and year, further reinforcing the bearish outlook.
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