Is Syncom Formul. technically bullish or bearish?

Aug 23 2025 08:06 AM IST
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As of August 22, 2025, Syncom Formul. has shifted to a bearish trend with moderate strength, indicated by bearish MACD, RSI, and moving averages, suggesting continued weakness in the stock's performance.
As of 22 August 2025, the technical trend for Syncom Formul. 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, a bearish RSI on the monthly chart, and bearish moving averages on the daily timeframe. Additionally, the KST and Dow Theory both indicate mildly bearish conditions on both weekly and monthly timeframes. Overall, the technical outlook suggests continued weakness in the stock's performance.
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Our weekly and monthly stock recommendations are here
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