Is Spencer's Retail technically bullish or bearish?

Aug 27 2025 08:13 AM IST
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As of August 26, 2025, the stock's trend has shifted to bearish with weak strength, supported by bearish indicators from Bollinger Bands, KST, and moving averages, despite mixed signals from MACD and Dow Theory.
As of 26 August 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with weak strength. The weekly MACD is mildly bullish, but the monthly MACD is bearish, indicating mixed signals. The Bollinger Bands and KST are both bearish on both weekly and monthly time frames. Daily moving averages confirm a bearish outlook. Dow Theory shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, adding to the overall bearish sentiment. The stock has underperformed significantly over various time frames compared to the Sensex, further reinforcing the bearish outlook.
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