Is Shanthi Gears technically bullish or bearish?
As of October 10, 2025, Shanthi Gears has shifted to a bearish technical stance, with key indicators like the MACD and Bollinger Bands confirming this trend, despite some mixed signals from the OBV and daily moving averages.
As of 10 October 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 aligns with this, showing mild bearishness weekly and monthly. While the daily moving averages are mildly bullish, the overall sentiment is dampened by the weekly Dow Theory, which is mildly bearish. The OBV shows mixed signals, being mildly bearish weekly but bullish monthly. Given the recent price action and returns, the bearish indicators dominate the analysis.
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