Is Servotech Renew technically bullish or bearish?

Aug 07 2025 08:13 AM IST
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As of August 6, 2025, Servotech Renew's technical trend has shifted to a bearish stance, supported by bearish MACD, moving averages, and OBV, despite a mildly bullish signal from the monthly Bollinger Bands.
As of 6 August 2025, the technical trend for Servotech Renew has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and the daily moving averages also indicate a bearish trend. The weekly OBV is bearish, reinforcing the negative sentiment. While the monthly Bollinger Bands show a mildly bullish signal, the overall indicators suggest a prevailing bearish sentiment. The stock has underperformed significantly compared to the Sensex over the past month and year-to-date, further supporting the bearish outlook.
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