Is Honasa Consumer technically bullish or bearish?

As of 7 November 2025, the technical trend for Honasa Consumer has changed from sideways to mildly bearish. The weekly MACD is bearish, and Bollinger Bands are also indicating a bearish stance on both weekly and monthly time frames. The KST on a weekly basis is mildly bearish, while the daily moving averages show a mildly bullish signal, suggesting some short-term strength. However, the overall sentiment remains bearish due to the prevailing indicators. The stock has underperformed significantly over the past year, with a return of -27.95% compared to the Sensex's 4.62%. Thus, the current technical stance is mildly bearish, driven primarily by the bearish MACD and Bollinger Bands.