Is Grindwell Norton technically bullish or bearish?

Sep 28 2025 08:06 AM IST
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As of September 26, 2025, Grindwell Norton is in a bearish trend, supported by bearish indicators across MACD, moving averages, and Bollinger Bands, despite some mixed signals from Dow Theory.
As of 26 September 2025, the technical trend for Grindwell Norton has changed from mildly bearish to bearish. The current stance is bearish, with key indicators supporting this view. The MACD is bearish on a monthly basis, while moving averages on the daily time frame also indicate a bearish trend. Bollinger Bands and KST are bearish on both weekly and monthly time frames. Although the Dow Theory shows mildly bullish signals on the weekly and mildly bearish on the monthly, the overall technical picture remains bearish. The stock has underperformed significantly compared to the Sensex over various periods, further reinforcing the bearish sentiment.
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