Is Chamanlal Setia technically bullish or bearish?

Aug 19 2025 08:12 AM IST
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As of August 18, 2025, the technical trend is mildly bearish, supported by bearish signals from the weekly MACD, daily moving averages, and KST, despite a bullish monthly RSI.
As of 18 August 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating bearish momentum and the daily moving averages also showing a bearish signal. The KST aligns with this view, being mildly bearish on both weekly and monthly time frames. While the monthly RSI is bullish, the overall sentiment is tempered by the bearish signals from the Bollinger Bands and the Dow Theory, which is mildly bearish on a monthly basis. The stock's recent performance has been weak, with a significant decline over the past month compared to the Sensex.
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