Is Wendt India technically bullish or bearish?

Oct 03 2025 08:17 AM IST
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As of October 1, 2025, the market trend is mildly bearish, indicated by mixed signals from various technical indicators, including bearish MACD and moving averages, alongside a bullish RSI on the monthly timeframe.
As of 1 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The MACD is bearish on both the weekly and monthly time frames, while the RSI shows a bullish signal on the monthly but no signal on the weekly. Bollinger Bands indicate a mildly bearish trend on both time frames. Moving averages are bearish on the daily, and the KST is bullish weekly but bearish monthly. Dow Theory reflects a mildly bearish stance on the weekly and no trend on the monthly. Overall, the mixed signals suggest a cautious outlook with bearish tendencies prevailing.
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