Is Shipping Land technically bullish or bearish?

Oct 16 2025 08:07 AM IST
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As of 15 October 2025, the technical trend has shifted to a bearish stance, driven by bearish daily moving averages and indicators like the KST and Bollinger Bands, despite some mildly bullish signals from the weekly MACD.
As of 15 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages which are bearish, and the weekly KST and Bollinger Bands also indicating bearish conditions. The Dow Theory reflects a mildly bearish outlook on both weekly and monthly time frames. Despite the weekly MACD showing mildly bullish signals, the overall trend remains negative, supported by the stock's poor performance relative to the Sensex over various periods.
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