Is Suzlon Energy technically bullish or bearish?
As of September 2, 2025, Suzlon Energy's technical trend is mildly bearish, indicated by bearish MACD and Bollinger Bands on both weekly and monthly charts, alongside selling pressure from the OBV, despite daily moving averages showing mild bullishness.
As of 2 September 2025, the technical trend for Suzlon Energy has changed from sideways to mildly bearish. The weekly MACD indicates a bearish stance, while the monthly MACD shows a mildly bearish condition. Both the weekly and monthly Bollinger Bands are also mildly bearish, reinforcing the negative sentiment. The KST is mildly bearish on both time frames, and the OBV is mildly bearish on the weekly chart, indicating selling pressure. Although the daily moving averages are mildly bullish, the overall technical indicators point towards a mildly bearish stance, with no clear trend identified in the Dow Theory. The current price of 58.21 is below the previous close of 57.88, suggesting a slight downward movement.
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