Is Texmaco Rail technically bullish or bearish?
As of 13 October 2025, Texmaco Rail's technical trend has shifted to a bearish stance, driven by bearish daily moving averages and overall monthly indicators, despite a mildly bullish weekly MACD.
As of 13 October 2025, the technical trend for Texmaco Rail has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages which are bearish, and the weekly KST and Bollinger Bands also indicating bearish conditions. Although the weekly MACD is mildly bullish, the overall monthly indicators, including the MACD and Bollinger Bands, remain bearish. The stock has underperformed significantly compared to the Sensex over various time frames, further supporting the bearish outlook.
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