Is Savita Oil Tech technically bullish or bearish?

Sep 17 2025 08:06 AM IST
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As of 16 September 2025, Savita Oil Tech's trend has shifted to bearish with moderate strength, supported by daily moving averages and Bollinger Bands, despite some mildly bullish signals from the weekly MACD and overall underperformance against the Sensex.
As of 16 September 2025, the technical trend for Savita Oil Tech has changed from mildly bearish to bearish. The overall stance is bearish with moderate strength. The daily moving averages indicate a bearish trend, while the weekly Bollinger Bands and KST also confirm bearish momentum. Although the weekly MACD shows mildly bullish signals, the monthly MACD is mildly bearish, suggesting a lack of strong upward momentum. The RSI across both weekly and monthly time frames shows no signals, indicating indecision. The stock has underperformed relative to the Sensex over multiple periods, further supporting the bearish outlook.
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