Is Sanghi Industrie technically bullish or bearish?

Oct 26 2025 08:07 AM IST
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As of October 24, 2025, Sanghi Industries has shifted to a mildly bearish trend due to negative signals from MACD, Bollinger Bands, and KST on both weekly and monthly charts, despite a mildly bullish daily moving average.
As of 24 October 2025, the technical trend for Sanghi Industrie has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by bearish signals in both the weekly and monthly MACD, as well as a bearish outlook from the Bollinger Bands on the monthly timeframe. The KST and Dow Theory also indicate a mildly bearish trend on both weekly and monthly charts. Although the daily moving averages show a mildly bullish signal, the overall sentiment is tempered by the prevailing bearish indicators across longer timeframes. The stock has underperformed compared to the Sensex over the past month and year, further supporting the bearish outlook.
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