Is Welspun Living technically bullish or bearish?

Sep 18 2025 08:07 AM IST
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As of September 17, 2025, Welspun Living's technical trend is mildly bearish, supported by bearish MACD and KST indicators, along with mildly bearish Bollinger Bands and moving averages, despite a mildly bullish signal from Dow Theory and a bullish monthly OBV.
As of 17 September 2025, the technical trend for Welspun Living has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart, indicating a lack of upward momentum. The Bollinger Bands also reflect a mildly bearish sentiment on both weekly and monthly time frames. Moving averages on the daily chart confirm a mildly bearish trend. Although the Dow Theory shows a mildly bullish signal on the weekly chart, the overall monthly perspective remains mildly bearish. The KST is bearish on both weekly and monthly charts, further supporting the bearish outlook. Despite a bullish monthly OBV, the overall technical indicators suggest caution.
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