Is Shanthi Gears technically bullish or bearish?

Aug 20 2025 08:06 AM IST
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As of 19 August 2025, Shanthi Gears shows a bullish technical trend supported by positive weekly indicators, though caution is advised due to mildly bearish monthly signals.
As of 19 August 2025, the technical trend for Shanthi Gears has changed from mildly bullish to bullish. The weekly MACD is bullish, supported by bullish signals from the Bollinger Bands and moving averages on the daily timeframe. The KST is also bullish on the weekly chart, while the Dow Theory indicates a mildly bullish stance. However, the monthly MACD and KST are mildly bearish, suggesting some caution. Overall, the current technical stance is bullish with moderate strength, driven primarily by the positive indicators on the weekly charts.
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