Is Esab India technically bullish or bearish?

As of 31 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and KST indicators, both of which are bearish. The Bollinger Bands also reflect a bearish trend on both weekly and monthly time frames. While the daily moving averages indicate a mildly bullish sentiment, this is overshadowed by the overall bearish signals from the weekly indicators. The Dow Theory shows a mixed stance with mildly bullish weekly and mildly bearish monthly readings. The RSI on the weekly shows no signal, while the monthly is bullish, adding to the complexity of the current technical picture. Overall, the bearish indicators dominate, suggesting caution in the near term.