Is India Power Corp technically bullish or bearish?

As of 4 November 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this include the bearish signals from the daily moving averages and the Bollinger Bands on both weekly and monthly time frames. The MACD shows a mildly bullish stance on the weekly but is bearish on the monthly, indicating mixed signals. The KST is bearish across both time frames, and there are no trends indicated by Dow Theory or OBV. Overall, the bearish sentiment is reinforced by the significant underperformance of the stock compared to the Sensex over various periods, particularly year-to-date and over the past year.