Is Carborundum Uni. technically bullish or bearish?
As of October 1, 2025, the technical trend has shifted to a bearish stance with moderate strength, driven by bearish daily moving averages and monthly MACD, despite some mildly bullish signals on the weekly indicators.
As of 1 October 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 daily moving averages showing bearish signals, the monthly MACD indicating bearish momentum, and the weekly Bollinger Bands also reflecting a mildly bearish trend. The KST and MACD on the weekly time frame are mildly bullish, but this is overshadowed by the overall bearish signals in the daily and monthly analyses. The stock has underperformed significantly compared to the Sensex over various time frames, further supporting the bearish outlook.
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