Is Chemplast Sanmar technically bullish or bearish?

As of 18 September 2025, the technical trend for Chemplast Sanmar has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum. The weekly KST is also bearish, which adds to the bearish sentiment. While the MACD remains mildly bullish on the weekly and monthly time frames, the overall indicators suggest weakness. The Bollinger Bands are showing a sideways trend on the weekly chart and mildly bearish on the monthly, further supporting the bearish outlook. The stock's performance relative to the Sensex has been significantly negative over multiple time frames, indicating underperformance.