Is MSTC technically bullish or bearish?
As of 13 October 2025, MSTC's trend is mildly bearish due to daily moving averages indicating a bearish outlook, despite mixed signals from weekly and monthly indicators.
As of 13 October 2025, the technical trend for MSTC has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. While the weekly MACD and KST show mildly bullish signals, the monthly indicators, including MACD and KST, are bearish. Additionally, Bollinger Bands on a monthly basis are mildly bearish, further supporting the bearish outlook. The Dow Theory shows no trend on the weekly chart but is mildly bullish on the monthly chart, indicating mixed signals. Overall, the strength of the bearish stance is reinforced by the recent price action, with the stock trading below its previous close and a significant decline in YTD and 1Y returns compared to the Sensex.
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