Is Walchan. Inds. technically bullish or bearish?

Sep 29 2025 08:07 AM IST
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As of September 26, 2025, Walchan. Inds. has shifted to a bearish technical trend, driven by bearish daily moving averages and indicators, despite some mildly bullish signals, with a year-to-date decline of 33.40%.
As of 26 September 2025, the technical trend for Walchan. Inds. has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages indicating bearish momentum, the weekly KST and Bollinger Bands both showing bearish signals, and the monthly MACD leaning mildly bearish. Although the weekly MACD and Dow Theory show mildly bullish signals, they are outweighed by the overall bearish indicators. The stock's recent performance also reflects weakness, with a significant year-to-date decline of 33.40%, contrasting with the Sensex's positive return.
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