Is Bombay Burmah technically bullish or bearish?
As of September 23, 2025, Bombay Burmah's technical trend is bearish with moderate strength, driven by bearish signals from moving averages and Bollinger Bands, despite mixed MACD signals across different time frames.
As of 23 September 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Bombay Burmah is bearish with a moderate strength. Key indicators driving this stance include bearish signals from the daily moving averages and the weekly KST, along with bearish readings from the Bollinger Bands. The MACD shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly, indicating mixed signals across time frames. Overall, the bearish trend is reinforced by the stock's recent performance, with a significant decline of 27.80% over the past year compared to a slight drop in the Sensex.
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