Is Enkei Wheels technically bullish or bearish?

As of 24 October 2025, the technical trend for Enkei Wheels has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The RSI shows no signal on the weekly chart while being bullish on the monthly, suggesting potential upward momentum but lacking confirmation in the short term. Bollinger Bands are mildly bearish on both weekly and monthly time frames, reinforcing the bearish outlook. The daily moving averages are also mildly bearish, and the KST indicates bearishness on both weekly and monthly charts. Dow Theory presents a mixed view with a mildly bearish weekly stance and a mildly bullish monthly perspective. Overall, the combination of these indicators suggests a cautious approach, with the market showing signs of weakness in the short term despite some bullish signals in the longer term.