Is Shilchar Tech technically bullish or bearish?
As of August 28, 2025, Shilchar Tech's trend has shifted to mildly bearish, supported by weekly and monthly MACD and KST indicators, despite a mildly bullish daily moving average, with a recent decline of 2.69% over the past week and 2.90% over the past month.
As of 28 August 2025, the technical trend for Shilchar Tech has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD and KST indicators, both indicating mild bearishness. The Dow Theory also supports this view with a mildly bearish signal. While the daily moving averages show a mildly bullish trend, the overall weekly and monthly indicators, including Bollinger Bands, suggest a bearish sentiment. The stock's recent performance, with a decline of 2.69% over the past week and 2.90% over the past month, further reinforces the bearish outlook.
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