Is Sasken Technol. technically bullish or bearish?
As of July 15, 2025, the market trend is mildly bearish, indicated by bearish monthly MACD and Bollinger Bands, a bearish daily moving average, and a weak RSI, despite some weekly indicators showing mild bullishness.
As of 15 July 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the monthly MACD and Bollinger Bands indicating bearish conditions, alongside a bearish daily moving average. The weekly indicators show some strength with the MACD and KST both mildly bullish, but the overall monthly trend remains a concern. The RSI is bearish on the monthly timeframe, further supporting the bearish outlook. Despite a recent price increase from the previous close, the longer-term performance relative to the Sensex shows significant underperformance, particularly year-to-date.
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