Is Bombay Dyeing technically bullish or bearish?

As of 4 November 2025, the technical trend for Bombay Dyeing has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a bearish sentiment. The Bollinger Bands also confirm a bearish outlook on both time frames. The KST is mildly bearish on the weekly and bearish on the monthly, further supporting the bearish stance. Although the daily moving averages show a mildly bullish signal, the overall trend remains bearish due to the stronger indicators on the weekly and monthly charts. The stock has underperformed significantly compared to the Sensex over multiple time frames, which adds to the bearish sentiment.