TRENT

Technical Analysis

is showing weak price action as the stock failed to sustain above the 100-day and 200-day EMAs and slipped sharply lower, indicating selling pressure near the 5,500–5,550 zone. The overall structure reflects a series of lower highs since the peak near 8,000, suggesting a medium-term downtrend. Immediate support lies around 5,200, and a breakdown below this level could extend weakness toward 5,000, while bulls will need a decisive close above 5,600 to negate the bearish bias and regain upward momentum.