Is Va Tech Wabag technically bullish or bearish?
As of October 23, 2025, the market trend is mildly bearish, indicated by bearish signals from the weekly MACD and KST, mixed Bollinger Bands, and weak bullish signals in the RSI.
As of 23 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish signals, along with the Dow Theory also reflecting a mildly bearish outlook. The Bollinger Bands show a mixed picture with a bearish weekly signal but a mildly bullish monthly signal. The daily moving averages are mildly bullish, which provides some counterbalance. Overall, the lack of strong bullish signals in the RSI and the negative returns compared to the Sensex further support the bearish sentiment.
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