Is Indian Hume Pipe technically bullish or bearish?

As of 19 September 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and KST indicators both showing bearish signals, while the monthly indicators reflect a mildly bearish outlook. The Bollinger Bands also confirm a bearish trend on the weekly and a mildly bearish trend on the monthly. Although the daily moving averages indicate a mildly bullish position, this is overshadowed by the overall bearish sentiment in the weekly timeframe. The stock has underperformed significantly over the past year, with a return of -24.52% compared to the Sensex's -0.67%, further supporting the bearish outlook.