Is Mahanagar Gas technically bullish or bearish?
As of September 26, 2025, Mahanagar Gas shows a strong bearish trend, supported by bearish indicators across weekly MACD, Bollinger Bands, and moving averages, indicating significant market weakness.
As of 26 September 2025, the technical trend for Mahanagar Gas has changed from mildly bearish to bearish. The current stance is bearish with a strong indication of weakness. The weekly MACD is bearish, and both the weekly and monthly Bollinger Bands confirm a bearish outlook. Daily moving averages also reflect a bearish trend. The KST is bearish on a weekly basis and mildly bearish monthly, while Dow Theory indicates a mildly bearish stance on both time frames. Overall, the indicators suggest a significant bearish sentiment in the market for Mahanagar Gas.
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