Is Shoppers Stop technically bullish or bearish?

Jul 09 2025 08:07 AM IST
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As of July 8, 2025, the trend is mildly bearish due to daily moving averages and monthly MACD indicating bearish sentiment, despite some short-term strength from weekly indicators, while the stock has underperformed compared to the Sensex.
As of 8 July 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the monthly MACD showing a bearish trend. However, the weekly MACD and KST are mildly bullish, suggesting some short-term strength. The RSI on a monthly basis is bullish, but the overall picture remains mixed with the Bollinger Bands and OBV indicating a sideways to mildly bearish trend. The stock has underperformed significantly on a year-to-date and yearly basis compared to the Sensex, further supporting the bearish outlook.
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