Is Essen Speciality technically bullish or bearish?

Aug 09 2025 08:10 AM IST
share
Share Via
As of August 8, 2025, Essen Speciality's trend has shifted to mildly bearish, supported by bearish signals from the MACD and Bollinger Bands, despite some mildly bullish indicators from Dow Theory and OBV.
As of 8 August 2025, the technical trend for Essen Speciality has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and Bollinger Bands indicating bearish momentum. The daily moving averages also reflect a mildly bearish outlook. While the Dow Theory and OBV show mildly bullish signals on both weekly and monthly time frames, the overall sentiment remains bearish due to the prevailing indicators. The stock has recently declined from a previous close of 448.80 to a current price of 436.85, further supporting the bearish view.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News