Is Delton Cables technically bullish or bearish?

Sep 22 2025 08:05 AM IST
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As of September 19, 2025, Delton Cables is in a bearish trend with moderate strength, driven by bearish signals from the weekly MACD, daily moving averages, and Bollinger Bands, despite mildly bearish indicators on the monthly MACD and KST.
As of 19 September 2025, the technical trend for Delton Cables has changed from mildly bearish to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include the weekly MACD showing bearish momentum, daily moving averages indicating a bearish trend, and the weekly Bollinger Bands also reflecting bearish conditions. Although the monthly MACD is mildly bearish and the KST is mildly bearish as well, the overall sentiment remains negative, particularly in the short term.
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