What is the technical trend for Shashwat Furnis.?

Jun 09 2025 06:46 PM IST
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As of June 6, 2025, Shashwat Furnis shows a mildly bearish trend, with bearish signals from MACD and moving averages, despite a bullish indication from Bollinger Bands, and has underperformed with a -5.96% YTD return compared to the Sensex's 5.51%.
As of 6 June 2025, the technical trend for Shashwat Furnis has changed from sideways to mildly bearish. The weekly and monthly MACD indicators are both mildly bearish, reinforcing the bearish sentiment. Daily moving averages also indicate a mildly bearish stance. Although the Bollinger Bands show a bullish trend on the monthly timeframe, the overall indicators suggest a lack of strength in the current price action. The Dow Theory presents a mildly bullish view on both weekly and monthly timeframes, but this is overshadowed by the bearish signals from MACD and moving averages. The stock's recent performance shows a return of -5.96% YTD compared to a 5.51% return from the Sensex, indicating underperformance. Overall, the current technical stance is mildly bearish.
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