Is Bombay Burmah technically bullish or bearish?
As of 14 August 2025, the technical trend has shifted to a moderately strong bearish stance, supported by bearish indicators from the MACD, moving averages, and Bollinger Bands, despite some divergence from the KST.
As of 14 August 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the weekly MACD being bearish, daily moving averages indicating a bearish trend, and both weekly and monthly Bollinger Bands also showing bearish signals. The KST is bullish on the weekly but mildly bearish on the monthly, indicating some divergence. Overall, the bearish trend is reinforced by the stock's recent performance, significantly underperforming the Sensex across multiple time frames, particularly year-to-date and over the past year.
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