Is Himatsing. Seide technically bullish or bearish?
As of October 24, 2025, the technical trend has shifted to bearish, driven by negative MACD readings, bearish KST signals, and lagging performance compared to the Sensex, despite some bullish momentum indicated by the RSI.
As of 24 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the bearish MACD readings on both the weekly and monthly time frames, alongside bearish signals from the KST and daily moving averages. Although the RSI shows bullish momentum on the weekly and monthly charts, the overall bearish trend is reinforced by the mildly bearish Bollinger Bands and Dow Theory readings. The stock's recent performance has also lagged behind the Sensex, particularly over the year and five-year periods, indicating ongoing weakness.
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