Is Esab India technically bullish or bearish?

Oct 31 2025 08:28 AM IST
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As of October 30, 2025, the technical trend is neutral with mixed signals, showing a shift from mildly bearish to sideways, as weekly indicators are bearish while monthly RSI is bullish, and the stock has underperformed compared to the Sensex over the past year.
As of 30 October 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD and KST are bearish, while the monthly RSI is bullish, indicating some strength. Daily moving averages show a mildly bullish trend, but the overall picture remains uncertain with both weekly and monthly Bollinger Bands and Dow Theory reflecting mildly bearish conditions. The stock's recent performance has been weak compared to the Sensex, particularly over the past year.
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