Is Spencer's Retail technically bullish or bearish?

Sep 07 2025 08:06 AM IST
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As of September 5, 2025, Spencer's Retail is in a bearish trend with moderate strength, indicated by bearish daily moving averages and KST signals, despite mixed MACD signals and a significant year-to-date decline compared to the Sensex.
As of 5 September 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Spencer's Retail is bearish with moderate strength. Key indicators driving this stance include the bearish signals from the daily moving averages and the KST on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly but is bearish on the monthly, indicating mixed signals. Additionally, the Bollinger Bands and Dow Theory both reflect a mildly bearish trend on the monthly, reinforcing the overall bearish outlook. The stock's performance has also been weak, with a significant decline year-to-date and over the past year compared to the Sensex.
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