What is the technical trend for Swadeshi Polytex?

Jun 09 2025 05:38 PM IST
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As of May 15, 2025, Swadeshi Polytex shows a mildly bearish trend, influenced by daily moving averages, while mixed signals from weekly and monthly indicators indicate underlying pressure despite a bullish monthly RSI.
As of 15 May 2025, the technical trend for Swadeshi Polytex has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish sentiment. The weekly MACD and KST show mildly bullish signals, but the monthly MACD and Bollinger Bands remain bearish, suggesting mixed signals across different time frames. The RSI on the monthly chart is bullish, yet the overall trend remains under pressure due to the significant decline in the stock's performance over the past year.
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