Is Senco Gold technically bullish or bearish?

Sep 23 2025 08:14 AM IST
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As of September 22, 2025, the market trend has shifted to mildly bearish due to daily moving averages and weekly Dow Theory signals, despite a mildly bullish MACD, with the stock underperforming against the Sensex.
As of 22 September 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the weekly Dow Theory also suggesting a mildly bearish outlook. The MACD on a weekly basis remains mildly bullish, but the overall sentiment is tempered by the bearish signals from the monthly Bollinger Bands. The stock has underperformed significantly against the Sensex over multiple time frames, further supporting the bearish view.
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