Is Madras Fertilize technically bullish or bearish?

Sep 28 2025 08:07 AM IST
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As of September 26, 2025, Madras Fertilizer's technical trend is neutral, with mixed signals indicating a shift from mildly bullish to sideways, as bearish indicators outweigh the few bullish signals present.
As of 26 September 2025, the technical trend for Madras Fertilize has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly and monthly MACD, KST, and Dow Theory are all mildly bearish, indicating a lack of upward momentum. The Bollinger Bands also reflect a bearish outlook on both weekly and monthly time frames. However, the daily moving averages show a mildly bullish trend, and the On-Balance Volume (OBV) is bullish on a monthly basis, suggesting some accumulation. Overall, the strength of the bearish indicators outweighs the bullish signals, leading to a neutral stance.
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