Is Suratwwala Busi. technically bullish or bearish?
As of 28 October 2025, the market trend is mildly bearish, indicated by mixed MACD signals and bearish moving averages, with the stock underperforming against the Sensex.
As of 28 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the weekly MACD indicating mild bullishness, while the monthly MACD remains bearish. The moving averages on the daily timeframe are bearish, and both the Bollinger Bands and KST show bearish signals on weekly and monthly timeframes. Additionally, Dow Theory indicates a mildly bearish stance on the monthly timeframe. Overall, the indicators suggest a lack of strong bullish momentum, with the stock underperforming significantly against the Sensex over multiple periods.
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