Is Shilchar Tech technically bullish or bearish?

Oct 09 2025 08:09 AM IST
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As of October 8, 2025, Shilchar Tech's technical trend is mildly bearish, indicated by bearish MACD readings on both weekly and monthly charts, bearish KST, and underperformance against the Sensex, despite some mildly bullish daily moving averages.
As of 8 October 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance for Shilchar Tech is mildly bearish. Key indicators driving this stance include a bearish MACD on the weekly chart and a mildly bearish MACD on the monthly chart. The KST is also bearish on the weekly and mildly bearish on the monthly. While the daily moving averages show a mildly bullish signal, the overall sentiment is dampened by the bearish signals from the Bollinger Bands on the weekly and the Dow Theory indicating a mildly bearish trend on the weekly timeframe. The stock has underperformed against the Sensex over the past week and month, further supporting the bearish outlook.
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