What is the technical trend for Shangar Decor?

As of 27 May 2025, the technical trend for Shangar Decor has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bearish trend on both time frames. Moving averages are bearish on the daily chart. Although the KST shows a mildly bullish signal on the weekly, it is mildly bearish on the monthly, which adds to the overall bearish sentiment. Dow Theory confirms a mildly bearish outlook on both weekly and monthly charts. The stock is currently at its 52-week low of 0.65, reflecting a significant decline in performance compared to the Sensex over various periods, particularly a 46.01% drop over the past year.