Is Shanthi Gears technically bullish or bearish?

Sep 28 2025 08:06 AM IST
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As of September 26, 2025, Shanthi Gears shows a bearish technical trend, with key indicators like MACD and Bollinger Bands confirming this sentiment despite some mixed signals on shorter 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. Bollinger Bands also indicate a bearish trend on both weekly and monthly charts. The KST shows a bullish signal on the weekly but is mildly bearish on the monthly, which adds some complexity. Moving averages are mildly bullish on the daily, but this is overshadowed by the overall bearish sentiment from the weekly indicators. The Dow Theory reflects a mildly bearish stance on the weekly, while the OBV is also mildly bearish. Overall, the bearish indicators are stronger, suggesting a lack of upward momentum in the current market conditions.
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