What is the technical trend for Elgi Rubber Co?

As of 28 July 2020, the technical trend for Elgi Rubber Co does not qualify. The current price is 57.74, which is significantly below the 52-week high of 154.98 and closer to the 52-week low of 51.98. The stock has shown a negative return of -57.56% year-to-date, while the Sensex has gained 6.17% in the same period. The recent performance indicates bearish sentiment, particularly with a 1-week return of -5.75%. Overall, the lack of qualifying technical indicators suggests a neutral stance due to insufficient data for a definitive bullish or bearish classification.