Is Shalimar Paints technically bullish or bearish?

Sep 26 2025 08:10 AM IST
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As of September 25, 2025, Shalimar Paints exhibits a bearish technical trend with moderate strength, indicated by daily moving averages and monthly MACD, despite some mixed signals in the weekly timeframe.
As of 25 September 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Shalimar Paints is bearish, with moderate strength. Key indicators include the daily moving averages indicating bearishness, the weekly MACD showing mild bullishness but the monthly MACD being bearish, and the Bollinger Bands on a weekly basis also reflecting bearish conditions. The KST and Dow Theory both indicate bearish trends on a monthly basis. Overall, despite some mixed signals in the weekly timeframe, the prevailing bearish indicators suggest a negative outlook.
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