Is Essar Shipping technically bullish or bearish?

Sep 23 2025 08:09 AM IST
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As of 22 September 2025, Essar Shipping's technical trend is mildly bearish, influenced by daily moving averages and weekly KST indicating bearish momentum, despite some mildly bullish signals from the weekly MACD and Dow Theory.
As of 22 September 2025, the technical trend for Essar Shipping has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the weekly KST showing bearish momentum. While the weekly MACD is mildly bullish and Dow Theory suggests a mildly bullish outlook, the overall indicators, including Bollinger Bands and OBV, lean towards a bearish sentiment. The lack of strong signals from the RSI further supports a neutral to bearish view.
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