Is Sharda Cropchem technically bullish or bearish?
As of September 4, 2025, the market trend is mildly bullish with supportive indicators like MACD and moving averages, but caution is advised due to a mildly bearish signal from Dow Theory.
As of 4 September 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by weekly and monthly MACD readings indicating bullish momentum, along with a mildly bullish signal from Bollinger Bands and moving averages on the daily timeframe. However, the Dow Theory shows a mildly bearish signal on the weekly timeframe, which slightly offsets the overall bullish sentiment. The RSI shows no significant signals at this time. Overall, while there are bullish indicators, the presence of a mildly bearish Dow Theory signal suggests caution in the current market environment.
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