Is Ultramarine Pig. technically bullish or bearish?

Sep 23 2025 08:08 AM IST
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As of September 22, 2025, the technical trend is mildly bearish, indicated by bearish signals from the weekly MACD and Bollinger Bands, despite a mildly bullish daily moving average, with overall performance lagging behind the Sensex.
As of 22 September 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and Bollinger Bands both indicating bearish conditions. The monthly MACD and KST also reflect a mildly bearish outlook. While the daily moving averages show a mildly bullish signal, the overall trend is influenced by the weaker performance in the weekly and monthly indicators. The stock has underperformed against the Sensex over multiple time frames, further supporting the bearish sentiment.
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