Is Honasa Consumer technically bullish or bearish?

As of 4 August 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and Bollinger Bands both indicating bearish signals. The KST is also mildly bearish, while the daily moving averages show a mildly bullish signal, suggesting some short-term strength. However, the overall weekly and monthly indicators, including the lack of trends in Dow Theory and OBV, reinforce the bearish outlook. The stock's recent performance, particularly a significant decline of 41.15% over the past year compared to a flat Sensex return, further supports this bearish stance.