Is Saint-Gob. Sekur technically bullish or bearish?
As of June 24, 2025, the market trend is mildly bearish, influenced by daily moving averages and monthly indicators, despite a recent price increase and some mildly bullish signals on the weekly chart.
As of 24 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend, while the weekly MACD and KST show mildly bullish signals. However, the monthly MACD and KST are mildly bearish, and the Bollinger Bands reflect a bearish outlook on the monthly timeframe. The Dow Theory indicates a mildly bearish stance on the weekly chart, contributing to the overall bearish sentiment. Despite a recent price increase from the previous close, the longer-term returns show significant underperformance compared to the Sensex, further supporting the bearish outlook.
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