Is Sumitomo Chemi. technically bullish or bearish?
As of November 14, 2025, the technical trend has shifted to a moderately strong bearish stance, indicated by bearish MACD, Bollinger Bands, and moving averages, along with significant underperformance against the Sensex.
As of 14 November 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST is bearish weekly and mildly bearish monthly, while the Dow Theory indicates a mildly bearish stance on the weekly and monthly charts. Additionally, the stock has underperformed significantly compared to the Sensex over multiple time frames, reinforcing the bearish outlook.
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