What is the technical trend for Chembond Chem.?
As of May 9, 2025, Chembond Chem. is in a bearish trend with moderate strength, indicated by daily moving averages and weekly MACD, despite a bullish weekly RSI, and has underperformed compared to the Sensex over the past month and year.
As of 9 May 2025, the technical trend for Chembond Chem. has changed from mildly bearish to bearish. The current stance is bearish with moderate strength, driven primarily by the daily moving averages indicating a bearish trend and the weekly MACD also showing bearish momentum. The weekly KST and Bollinger Bands further support this bearish outlook. Although the weekly RSI is bullish, it is overshadowed by the overall bearish signals from other indicators. The stock's recent performance has been significantly underwhelming compared to the Sensex, particularly over the past month and year.
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