Is Esab India technically bullish or bearish?

As of 31 October 2025, the technical trend for Esab India 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 indicate a bearish trend on both weekly and monthly time frames. Although the daily moving averages show a mildly bullish signal, the overall monthly indicators, including the Dow Theory and OBV, lean towards a mildly bearish outlook. The RSI shows no signal on the weekly but is bullish on the monthly, indicating mixed signals across different time frames. Overall, the bearish signals dominate, suggesting caution in the current market environment.