Is Emami technically bullish or bearish?

As of 26 September 2025, the technical trend for Emami has changed from mildly bullish to sideways. The current stance is bearish, with key indicators driving this assessment including a bearish MACD on the weekly and monthly time frames, and bearish signals from Bollinger Bands across both time frames. The weekly Dow Theory also indicates a mildly bearish trend. Although the daily moving averages show a mildly bullish signal, the overall technical picture remains weak, particularly given the negative performance relative to the Sensex over multiple periods, including a significant decline of 24.77% over the past year.