Is Sunshield Chem. technically bullish or bearish?

Aug 10 2025 08:03 AM IST
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As of August 8, 2025, Sunshield Chem. shows a mildly bearish trend due to daily moving averages and weekly RSI indicating weakness, despite some bullish signals from the MACD and Bollinger Bands.
As of 8 August 2025, the technical trend for Sunshield Chem. has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the weekly RSI showing bearish momentum. While the weekly MACD remains bullish and the Bollinger Bands are mildly bullish on both weekly and monthly time frames, the overall indicators suggest weakness. The Dow Theory indicates no trend on the weekly but mildly bullish on the monthly, adding some complexity to the outlook. Overall, the bearish signals are stronger in the short term, leading to a cautious stance.
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