Is Gates Industrial Corp. Plc technically bullish or bearish?

Oct 26 2025 11:29 AM IST
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As of October 24, 2025, Gates Industrial Corp. has shifted to a bullish trend, supported by positive monthly indicators, despite some short-term caution from weekly metrics, and has outperformed the S&P 500 with a year-to-date return of 27.03% compared to 15.47%.
As of 24 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, supported by bullish signals from the monthly MACD, Bollinger Bands, and Dow Theory, while the daily moving averages also indicate bullish momentum. However, the weekly MACD and KST are mildly bearish, suggesting some caution in the short term.

In terms of performance, Gates Industrial Corp. has outperformed the S&P 500 across multiple periods, with a year-to-date return of 27.03% compared to the S&P 500's 15.47%, and a one-year return of 41.09% versus 16.90%.
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