What is the technical trend for Mamata Machinery?

As of 10 March 2025, the technical trend for Mamata Machinery has changed from mildly bearish to sideways. The current stance is neutral, reflecting a lack of clear direction in both the weekly and monthly time frames. Key indicators such as MACD, RSI, and KST show no definitive trends, and the Dow Theory indicates no trend on the weekly chart while remaining neutral on the monthly chart. The stock has shown a notable return of 34.6% over the past month, outperforming the Sensex, but the year-to-date return is down 19.47%, indicating volatility. Overall, the lack of strong signals from major indicators suggests a cautious approach.