Is Enkei Wheels technically bullish or bearish?

As of 17 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is mildly bullish, but the monthly MACD and moving averages are bearish, indicating a lack of consistent upward momentum. The Bollinger Bands and KST are both bearish on a weekly and monthly basis. The RSI shows no signal on the weekly chart but is bullish on the monthly, suggesting mixed signals. Overall, the Dow Theory indicates no trend on the weekly chart but is mildly bullish on the monthly, which adds to the complexity of the current situation. The stock has underperformed significantly compared to the Sensex over various time frames, further supporting the bearish outlook.