Is Sundaram Clayton technically bullish or bearish?

Sep 06 2025 08:07 AM IST
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As of September 5, 2025, the trend is mildly bearish due to bearish MACD and moving averages, despite a bullish weekly RSI, with the stock down 34.12% year-to-date compared to the Sensex's positive return.
As of 5 September 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a bearish MACD on the weekly chart, bearish moving averages on the daily chart, and mildly bearish Bollinger Bands on both weekly and monthly time frames. The weekly RSI indicates bullish momentum, but overall, the indicators suggest a lack of strong upward momentum. The stock's performance has been weak, with a significant year-to-date decline of 34.12%, contrasting with the Sensex's positive return.
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