Is Selan Expl. Tech technically bullish or bearish?

Aug 27 2025 08:09 AM IST
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As of August 26, 2025, the technical trend is mildly bearish, indicated by bearish momentum from the weekly MACD and daily moving averages, despite a mildly bullish signal from Dow Theory on the monthly chart, with the stock down 32.53% year-to-date.
As of 26 August 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating bearish momentum and the daily moving averages also showing a bearish signal. The Bollinger Bands on the weekly chart are mildly bearish, while the monthly KST and Bollinger Bands are both bearish. Although the Dow Theory shows a mildly bullish stance on the monthly chart, the overall indicators suggest weakness in the current price action. The stock's recent performance has also been underwhelming, with a significant year-to-date decline of 32.53%.
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