Is Omaxe technically bullish or bearish?

Aug 27 2025 08:10 AM IST
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As of August 26, 2025, Omaxe's technical trend has shifted to a bearish stance, supported by mildly bearish MACD and Bollinger Bands on both weekly and monthly time frames, despite some mixed signals from KST and daily moving averages.
As of 26 August 2025, the technical trend for Omaxe has changed from mildly bullish to sideways. The current stance is bearish, with key indicators supporting this view. The MACD is mildly bearish on both the weekly and monthly time frames, while Bollinger Bands also indicate a bearish trend on both time frames. The KST shows a mixed signal, being bullish weekly but mildly bearish monthly. Moving averages are mildly bullish on the daily chart, but this is overshadowed by the overall bearish sentiment from the weekly and monthly indicators. Additionally, the stock has underperformed significantly against the Sensex over various periods, further reinforcing the bearish outlook.
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