Is Somany Ceramics technically bullish or bearish?
As of September 16, 2025, the technical trend has shifted to a moderately strong bearish stance, driven by bearish MACD readings, moving averages, and indicators like Bollinger Bands and KST, despite some mildly bullish signals from Dow Theory and OBV.
As of 16 September 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the bearish MACD readings on both the weekly and monthly time frames, along with bearish moving averages on the daily chart. The Bollinger Bands and KST also indicate a mildly bearish trend on the weekly and monthly levels. Despite some mildly bullish signals from Dow Theory and OBV on the weekly time frame, the overall technical picture remains bearish, particularly in light of the recent price action and returns compared to the Sensex.
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