Is Styrenix Perfor. technically bullish or bearish?
As of September 18, 2025, the technical trend is bearish with moderate strength, supported by bearish signals from the MACD, moving averages, and Bollinger Bands, despite a bullish RSI, indicating overall underperformance against the Sensex.
As of 18 September 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. The weekly MACD is bearish, and the daily moving averages confirm this bearish outlook. The weekly Bollinger Bands are also bearish, while the KST and OBV indicators are mildly bearish. The RSI on the weekly timeframe is bullish, but this is overshadowed by the overall bearish signals from other indicators. The stock has underperformed against the Sensex over the past week and month, further supporting the bearish sentiment.
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