Is Persistent Sys technically bullish or bearish?

Sep 05 2025 08:06 AM IST
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As of September 4, 2025, Persistent Systems has shifted to a bearish technical stance, driven by bearish signals from the MACD, KST, and daily moving averages, despite mixed indications from Bollinger Bands and underperformance against the Sensex.
As of 4 September 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Persistent Sys is bearish with moderate strength. Key indicators driving this stance include the weekly MACD and KST both showing bearish signals, along with the daily moving averages indicating a bearish trend. The Bollinger Bands present a mixed picture with a bearish signal on the weekly and mildly bullish on the monthly, but overall, the bearish indicators dominate. The stock has also underperformed against the Sensex over the year-to-date period, further supporting the bearish outlook.
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