Is Delta Corp technically bullish or bearish?

Aug 06 2025 08:00 AM IST
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As of August 5, 2025, Delta Corp's technical trend has shifted to a bearish stance, driven by daily moving averages, Bollinger Bands, and monthly MACD indicating bearish momentum, despite some mildly bullish signals from weekly indicators.
As of 5 August 2025, the technical trend for Delta Corp has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages indicating bearish momentum, the weekly and monthly Bollinger Bands also showing bearish signals, and the monthly MACD confirming a bearish outlook. Although the weekly MACD and KST are mildly bullish, they are overshadowed by the overall bearish signals from other indicators. The stock has underperformed significantly against the Sensex over various time frames, further supporting the bearish sentiment.
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