Is India Motor Part technically bullish or bearish?

As of 23 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating bearish momentum and a mixed outlook from the MACD and Bollinger Bands on the weekly and monthly time frames. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, suggesting a divergence in short-term and long-term trends. The KST shows bullishness on the weekly but is bearish monthly, and the OBV indicates a bullish stance on the monthly, which contrasts with the overall bearish sentiment. The stock's recent performance, including a 1-week decline of 1.46% against a slight gain in the Sensex, further supports the bearish outlook.