Is Grindwell Norton technically bullish or bearish?

Sep 29 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 from MACD, Bollinger Bands, and moving averages, despite some mixed signals from Dow Theory and OBV.
As of 26 September 2025, the technical trend for Grindwell Norton has changed from mildly bearish to bearish. The current stance is bearish, with a moderate strength indicated by the weekly MACD being mildly bullish, but the monthly MACD remains bearish. The Bollinger Bands and KST are both bearish on a weekly and monthly basis, reinforcing the bearish outlook. Daily moving averages are also bearish. Dow Theory shows a mixed signal with weekly mildly bullish and monthly mildly bearish readings, while the OBV indicates a mildly bullish stance on the weekly but mildly bearish on the monthly. Overall, the bearish trend is supported by the recent price action, with the stock down 3.79% over the past week.
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