Is CESC technically bullish or bearish?

As of 29 August 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators supporting this view. The MACD is mildly bearish on both weekly and monthly time frames, and Bollinger Bands also indicate a bearish trend on both weekly and monthly charts. The KST aligns with this bearish sentiment, showing mildly bearish readings. Although the daily moving averages are mildly bullish, they are overshadowed by the overall bearish signals from the weekly and monthly indicators. The Dow Theory shows no trend on the weekly but is mildly bullish on the monthly, adding to the mixed signals. Overall, the strength of the bearish stance is reinforced by the recent negative returns compared to the Sensex, particularly over the 1W and 1M periods.