Is Wim Plast technically bullish or bearish?

Sep 14 2025 08:05 AM IST
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As of September 12, 2025, Wim Plast's technical indicators strongly support a bearish outlook, with the MACD and moving averages confirming this trend, despite a mildly bullish signal from Dow Theory.
As of 12 September 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple indicators. The MACD is bearish on both the weekly and monthly time frames, and the moving averages are also bearish on the daily chart. The KST confirms this bearish outlook on both weekly and monthly levels. Although the Bollinger Bands show a mildly bearish stance, the Dow Theory indicates a mildly bullish trend on the weekly, but this is outweighed by the overall bearish signals. The stock has underperformed significantly over the year with a return of -24.64% compared to the Sensex's -1.28%. Overall, the technical indicators strongly support a bearish view for Wim Plast.
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