Is Ashok Leyland technically bullish or bearish?

As of 5 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend on both time frames. Daily moving averages confirm a bullish outlook. However, the KST is mildly bearish on both weekly and monthly, and the Dow Theory shows a mildly bullish stance on the weekly but no trend on the monthly. Overall, the strength of the bullish signal is reinforced by the recent price movement, with a current price of 130.95, up from the previous close of 128.10, and a notable return of 18.75% year-to-date compared to the Sensex's 3.29%.