Is Shanthi Gears technically bullish or bearish?

Sep 27 2025 08:10 AM IST
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As of September 26, 2025, Shanthi Gears has shifted to a bearish technical stance, with key indicators like the MACD and Bollinger Bands confirming this trend across both weekly and monthly time frames.
As of 26 September 2025, the technical trend for Shanthi Gears has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators supporting this view. The MACD is mildly bearish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bearish trend on both time frames. The KST shows a mixed signal, being bullish weekly but mildly bearish monthly. Additionally, the Dow Theory is mildly bearish on the weekly chart, while the daily moving averages are only mildly bullish. Overall, the combination of these indicators suggests a bearish sentiment in the short to medium term.
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