Z F Steering Gear Experiences Technical Trend Shifts Amidst Strong Long-Term Performance

Z F Steering Gear (India), a player in the Auto Components & Equipments sector, has recently undergone an evaluation revision reflecting shifts in its technical indicators. The company's current price stands at 1197.95, down from a previous close of 1230.00. Over the past year, Z F Steering has shown a stock return of 14.31%, significantly outperforming the Sensex, which recorded a return of 1.98% in the same period.
In terms of technical metrics, the MACD indicates a mildly bullish trend on a weekly basis, while the monthly perspective shows a mildly bearish stance. The Relative Strength Index (RSI) remains neutral for both weekly and monthly evaluations. Bollinger Bands suggest a mildly bullish trend weekly, contrasting with a sideways movement monthly. Daily moving averages reflect a mildly bearish trend, while the KST shows a bullish weekly outlook but a bearish monthly trend.

The company's performance over various time frames highlights its resilience, particularly over three and five years, where it achieved returns of 131.04% and 300.25%, respectively, compared to the Sensex's 47.62% and 116.71%. This performance underscores Z F Steering's notable position within the market, despite recent fluctuations.