Is Omaxe technically bullish or bearish?
As of September 22, 2025, Omaxe's technical trend is mildly bearish, supported by bearish MACD and Bollinger Bands on both weekly and monthly time frames, despite a slightly bullish daily moving average.
As of 22 September 2025, the technical trend for Omaxe has changed from sideways to mildly bearish. The weekly MACD is bearish, and the monthly MACD is mildly bearish, indicating a negative momentum. The Bollinger Bands are bearish on both weekly and monthly time frames, further supporting the bearish outlook. The KST is mildly bearish on both weekly and monthly charts, and the Dow Theory also reflects a mildly bearish stance on the weekly timeframe. Although the daily moving averages show a mildly bullish signal, this is overshadowed by the overall bearish indicators. The stock has underperformed significantly compared to the Sensex over various periods, particularly year-to-date and over the past year. Overall, the current technical stance is mildly bearish.
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