Is Delta Corp technically bullish or bearish?

Sep 02 2025 08:12 AM IST
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As of September 1, 2025, Delta Corp's trend has shifted to mildly bearish due to daily moving averages and weekly KST indicating bearish momentum, despite some mildly bullish signals from the MACD, with overall indicators suggesting weak bullish momentum and significant underperformance.
As of 1 September 2025, the technical trend for Delta Corp has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum and the weekly KST also showing bearish signals. Despite the weekly and monthly MACD being mildly bullish, the overall indicators such as Bollinger Bands and Dow Theory suggest a lack of strong bullish momentum. The stock has underperformed significantly over various time frames, further reinforcing the bearish outlook.
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